World Market Trends

Hopes of a softening in the Fed's stance and a resurgence in demand from China kept sentiment high across world markets. However, hawkish comments from ECB officials weighed on sentiment.

Asian stocks finished with gains amidst a slew of holidays in the region. Major European benchmarks are mostly trading in positive territory. Wall Street Futures indicate mild losses on opening.

The Euro firmed up to 9-month high against the Dollar amidst the ECB's hawkish stance, dragging the Dollar Index lower. Bond yields mostly hardened. Crude oil prices gained amidst hopes of boost from Chinese demand. Gold edged lower. Cryptocurrencies extended gains.