India, April 23 -- Sentiment in global markets improved in response to President Trump's comments that he has no plans to remove Jerome Powell from the top post at the Federal Reserve. Growing expectations of an easing in the trade tensions between the U.S. and China also helped to restore market sentiment.
Wall Street Futures surged ahead. European benchmarks are also trading with strong gains. Asian bourses finished trading on a mostly positive note. The six-currency Dollar Index extended gains. Bond yields eased in the U.S. but hardened elsewhere. Crude oil prices are trading close to the flatline. Gold tumbled close to 4 percent. Cryptocurrencies rallied emphatically. Here is a snapshot of the major world markets at this hour.
Stock I...