India, Jan. 8 -- Cautious sentiment prevails in global markets ahead of the crucial job market update due from the U.S. on Friday. The unabated geopolitical tensions also contributed to the markets' unease.

Data to be released by the U.S. Bureau of Labor Statistics is expected to show an addition of 60 thousand to non-farm payrolls in December. November had witnessed an addition of 64 thousand. The unemployment rate which was 4.6 percent in November is however expected to decline to 4.5 percent.

Wall Street Futures are trading in negative territory. Benchmarks in Europe have also declined. Asian markets too finished trading on a mostly negative note.

The six-currency Dollar Index has edged up. Ten-year bond yields are trading in a mixe...