India, Aug. 15 -- Sentiment in world markets remains mixed amidst key data releases from the U.S. that impacted rate cut expectations. Markets digested the slowing momentum in consumer spending activity as well as the rise in import prices on a sequential basis during the month of July. Markets also looked forward to the Trump-Putin summit in Alaska.
Data released by the U.S. Census Bureau on Friday morning showed retail sales increasing on expected lines at 0.5 percent month-over-month in July. This compared with the upwardly revised 0.9 percent rise in June.
Wall Street Futures are trading in the green even as Fed rate cut expectations softened. Benchmarks in Europe are trading on a mostly positive note. Asian markets also finished trad...