India, March 12 -- Market sentiment remains mixed ahead of the crucial CPI update from the U.S. on Wednesday morning which is expected to reveal a cooling in inflationary pressures. However, news of tariffs and counter tariffs continued to weight on market mood as well as forward outlook.
Wall Street Futures have rallied. European benchmarks are also trading on a positive note amidst renewed optimism on Ukraine. Asian markets finished trading on a predominantly negative note.
The Dollar Index rebounded. Bond yields mostly hardened. Crude oil prices rose as markets anticipate a tight period through the middle of 2025. Gold is trading close to the flatline. Cryptocurrencies rallied.
Here is a snapshot of the major world markets at this hou...