India, July 24 -- The recent spike in crude oil prices, fears of increase in interest rates as well as worries about the valuations in the tech sector swayed global market sentiment. Anxiety ahead of the FOMC scheduled for July 29 impacted markets significantly.
Wall Street Futures are trading in mildly positive territory as markets digest the latest earnings updates. Major benchmarks in Europe are trading with strong gains. Earlier in the day, Asian markets had finished trading on a heavily negative note.
Dollar Index has edged up. Bond yields mostly eased.
Crude oil prices have declined around 3 percent despite disruptions in key oil transit routes. Gold is trading close to the flatline. Cryptocurrencies are trading on a negative note....