India, Aug. 4 -- Disappointing jobs data and the renewed hopes of an earlier-than-expected rate cut by the Federal Reserve bolstered sentiment in global markets. Potential earning beats from the corporate sector also boosted market sentiment.
Wall Street Futures are trading in the green. Major benchmarks in Europe are also trading with heavy gains. Mostly positive sentiment dominated the Asian markets as well.
The six-currency Dollar Index extended losses amidst renewed Fed rate cut expectations. Ten-year bond yields eased across regions and tenors. Crude oil prices plunged as the OPEC+ agreed to hike output. Gold extended gains amidst the Dollar's retreat. Cryptocurrencies have gained. Here is a snapshot of the major world markets at thi...