India, Aug. 5 -- Sentiment remains positive in world markets as renewed hopes of rate cuts by the Federal Reserve as well as the European Central Bank bolstered sentiment. Strong earning scorecards from the corporate sector also boosted market sentiment.
Markets in the meanwhile anticipate an uptick in the ISM Services PMI from the U.S. in July. Data release is scheduled for Tuesday morning.
Wall Street Futures are trading mildly in the green. Major benchmarks in Europe are also trading in positive territory. Asian markets also finished trading on a positive note.
The six-currency Dollar Index rebounded. Ten-year bond yields mostly hardened. Crude oil prices extended losses as the output hike by OPEC+ offset concerns about disruption in ...