India, March 6 -- The uncertain trade policy environment and anxiety ahead of the crucial jobs data release from the U.S. on Friday weighed on global market sentiment. Markets also cheered the relief for automakers from the higher tariff.

Wall Street Futures are trading in negative territory. European benchmarks are trading lower amidst an anxious wait for another rate cut by the European Central Bank. Asian markets finished trading on a mostly positive note.

The Dollar Index continued to decline amidst tariff relief hopes and concerns about impact of tariff on growth. Bond yields mostly spiked. Crude oil prices rebounded after continuous losses. Gold declined amidst anxiety ahead of the crucial jobs data release. Cryptocurrencies are tra...