India, Feb. 12 -- World markets digested the testimony by Fed Chair Jerome Powell before the U.S. Senate and his comments that the Fed did not need to be in a hurry to cut rates.
Market spotlight meanwhile turned on the U.S. CPI update due on Wednesday morning. Headline annual inflation in January is seen steady whereas the core component is seen edging down. While month-on-month inflation is seen edging down, the core component thereof is seen edging up.
Wall Street Futures are trading in mildly negative territory. European benchmarks are trading firmly above the flatline. Asian markets finished trading on a positive note. The Dollar Index edged down. Bond yields spiked. Crude oil prices declined amidst a larger-than-expected decline in ...