India, July 13 -- The escalation in hostilities between the U.S. and Iran has rattled sentiment in global markets at the onset of the new week. The looming start of the earnings season in the U.S., the CPI readings due from the U.S. on Tuesday as well as the pressure on tech sector shares all swayed markets.
Wall Street Futures are trading in a mildly negative territory. Major benchmarks in Europe are trading mostly above the previous close. Earlier in the day, Asian markets had finished trading on a mostly negative note.
Dollar Index has edged down from the flatline. Bond yields hardened across regions as markets assessed the likelihood of interest rates remaining higher for longer. The likelihood of a quarter percent interest rate hike ...