India, May 19 -- Hopes of a peaceful resolution of the Middle East conflict was renewed amid President Trump delaying further strikes on Iran. However, lingering worries of another round of military action, should the negotiations fail, weighed on market sentiment, limiting gains.
Wall Street Futures are trading mildly in the red. Benchmarks in Europe are however trading in positive territory. Earlier in the day, Asian markets had finished trading on a mixed note.
The 6-currency Dollar Index which measures the U.S. Dollar's strength against a basket of 6 currencies has edged up. Bond yields mostly softened.
Both the crude oil benchmarks have declined around a percent on an overnight basis. Gold is trading more than quarter percent lower....