India, Aug. 7 -- Sentiment remains positive in world markets amidst a fresh batch of earnings releases and the developments on the trade tariff front. Markets digested the rate cut and guidance by the Bank of England while looking forward to another rate cut by the Federal Reserve in September.

Wall Street Futures are trading in the green. Major benchmarks in Europe are trading in positive territory while the FTSE 100 retreated after Bank of England raised its inflation forecast. Asian markets also finished trading on a mostly positive note. The six-currency Dollar Index has edged down. Ten-year bond yields mostly hardened. Crude oil prices rebounded amidst official data showing a larger-than-expected decline in crude oil inventories in th...