India, May 7 -- Cautiously optimistic sentiment prevails in world markets ahead of the monetary policy decision by the Federal Reserve scheduled to be announced on Wednesday afternoon. Hopes of a trade deal with China and positive updates on earnings supported market sentiment.

Wall Street Futures are trading with mild gains. Major markets in Europe are trading in negative territory. Asian markets finished trading on a mostly positive note.

The six-currency Dollar Index firmed up. Bond yields are trading on a mixed note. Crude oil prices are trading close to the flatline. Gold slipped after 3 days of continuous gains. Cryptocurrencies rallied. Here is a snapshot of the major world markets at this hour.

Stock Indexes:

DJIA (US30) at 40,9...