Markets digested the developments on the trade front amidst a trade court in the U.S. setting aside the reciprocal tariffs imposed by the Trump administration and an appeals court temporarily reinstating it. Concerns about the stalled trade negotiations between the U.S. and China also weighed on sentiment. Markets also digested the PCE-inflation update that mostly matched expectations.
Wall Street Futures have slipped. Major markets in Europe are trading on a positive note. Asian markets however finished trading with losses.
The six-currency Dollar Index gained after Thursday's losses. Bond yields are moving in a mixed fashion. Crude oil prices declined. Gold also suffered losses. Cryptocurrencies are trading on a negative note.
Here is a snapshot of the major world markets at this hour.
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