Easing in trade-related tensions between the U.S. and European Union helped improve sentiment in global markets jolted by fresh trade tariff announcements on Friday.

Wall Street Futures have rallied in the aftermath of President Donald Trump delaying the start of a proposed 50 percent tariff on EU imports from June 1 to July 9. Major markets in Europe are trading on a positive note. Asian markets finished trading on a mostly positive note amidst reports that Japan was planning to trim issuance of long- term bonds.

The six-currency Dollar Index rebounded after Friday's decline. Bond yields are moving in a mixed fashion. Crude oil prices are trading flat. Gold futures plunged heavily. Cryptocurrencies are trading on a mixed note.

Here is a snapshot of the major world markets at this hour.

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