India, Feb. 19 -- World markets renewed the focus on monetary policy ahead of the release of the minutes of the latest Federal Open Markets Committee. Markets in the meanwhile digested the fresh tariff threats by the Trump administration on automobiles, semiconductors, and pharmaceuticals. Peace talks for ending the conflict between Ukraine and Russia as well as corporate earnings releases also swayed market sentiment.

Wall Street Futures are trading in mildly negative territory. European benchmarks are trading deep in the red. Asian markets also finished trading on a mostly negative note.

The Dollar Index edged up. Bond yields mostly hardened. Crude oil prices extended gains amidst continuing concerns about supply. Gold futures rallied s...