India, Feb. 4 -- Fears over U.S. tariffs and potential retaliatory levies triggered volatility in world markets.
Wall Street Futures are trading in the red ahead of the release of the JOLTs job openings report. European benchmarks are trading on a mostly positive note. Mixed sentiment prevailed in Asian markets even as China responded to U.S. tariffs with counter tariffs. The Dollar retreated amidst reports of Trump halting tariffs on Mexico and Canada. Bond yields mostly hardened. Crude oil prices declined amidst OPEC and its allies upholding their existing oil production plans. Gold also retreated after trade war concerns spurred heavy safe haven buying a day earlier. Cryptocurrencies rebounded emphatically.
Here is a snapshot of the ma...