India, Feb. 28 -- Fresh tariff threats from the U.S., a tech selloff as well as anxiety ahead of the release of PCE-based data, a crucial inflation gauge in the U.S., dented sentiment in global markets.
Wall Street Futures are trading in positive territory amidst expectations of a marginal decline in the PCE-based inflation readings. European benchmarks are trading mostly lower. Asian markets finished trading with heavy losses.
The Dollar Index rallied amidst renewed trade tariff warnings from the U.S. Bond yields mostly eased. Crude oil prices plunged amidst fears of escalation in global trade war. Gold declined heavily amidst anxiety ahead of the PCE-based inflation data from the U.S. Cryptocurrencies plunged, with Bitcoin dropping to a...