India, July 16 -- Market sentiment remains positive amidst better-than-expected levels of producer price inflation in the U.S. The consumer price inflation readings released on Tuesday had also not provided any negative surprises. Positive earnings updates from the corporate sector also boosted sentiment.
Data released just a while ago by the U.S. Bureau of Labor Statistics showed producer prices unchanged in June from the previous month's upwardly revised 0.3 percent. Markets had anticipated a rise of 0.2 percent.
Wall Street Futures are in mildly positive territory. Major benchmarks in Europe are trading in the green zone. Asian markets finished trading on a negative note.
The six-currency Dollar Index has rallied. Bond yields eased ac...