India, May 6 -- Market sentiment remains cautious ahead of the monetary policy decision by the Federal Reserve due on Wednesday. Amidst a widely expected pause, market spotlight is on the forward guidance on interest rates that would be provided by the Fed. Lingering concerns about the trade war and the corporate earning updates also swayed market sentiment.
Wall Street Futures are trading in the red. Major markets in Europe are also trading in negative territory. Asian markets finished trading on a mixed note.
The six-currency Dollar Index declined. Bond yields mostly hardened. Crude oil prices rebounded after a massive plunge exacerbated by the OPEC+ decision to hike output. Gold extended gains. Cryptocurrencies mostly declined. Here is...