India, March 26 -- Sentiment in world markets continued to be tethered to the outlook on trade tariffs by the U.S. Expectations that U.S. tariffs may be more targeted than initially feared limited losses. The Russia- Ukraine ceasefire in the Black Sea as well as caution ahead of the PCE-based inflation readings from the U.S. also swayed market sentiment.
Wall Street Futures have edged up. European benchmarks are trading on a weak note amidst softer-than-expected inflation readings from the U.K. Asian markets also finished trading on a mostly positive note.
The six-currency Dollar Index edged up. Bond yields are trading mixed. Crude oil prices rallied amidst a larger-than-expected decline in inventories in the U.S. Safe haven demand suppor...