India, March 28 -- Hotter-than-expected levels of PCE-based inflation readings from the U.S. dampened market sentiment.
Data released just a while ago showed PCE price Index steady on expected lines. However, the core component came in higher than expected, dampening rate cut hopes.
Wall Street Futures are trading below the flatline. European benchmarks are also trading on a mostly negative note. Asian markets too finished trading with losses. The six-currency Dollar Index is trading flat. Bond yields eased across regions. Crude oil prices are trading flat. Gold touched a fresh high again. Cryptocurrencies declined heavily.
Here is a snapshot of the major world markets at this hour.
Stock Indexes:
DJIA (US30) at 42,216.00, down 0.20% S...