India, April 29 -- Sentiment in global markets remains tethered to anxiety surrounding the FOMC decision to be known by Wednesday afternoon. The Fed is widely expected to keep rates steady. The uncertain geopolitical situation in the Middle East as well as earnings updates also shaped market movements.
The CME FedWatch tool that tracks the expectations of interest rate traders shows the likelihood of a status quo by the Federal Reserve on Wednesday at 100 percent. It was 100 percent a day ago as well.
Wall Street Futures have declined. Benchmarks in Europe are trading on a negative note. Earlier in the day, Asian markets had finished trading on a mostly positive note.
The 6-currency Dollar Index which measures the U.S. Dollar's strength ...