- In anticipation that the case for more rate hikes will be undermined by slower US inflation, the dollar declined, stocks increased, and Treasury yields decreased.
- With traders concentrating on US consumer price data due later on Wednesday, a measure of the greenback fell to its lowest level since April.
- Following Tuesday's solid gains, the S&P 500 and Nasdaq 100 futures both rose marginally.
- For the fourth day in a row, the STOXX Europe 600 index increased.
- Following the completion of the Bank of England's most recent stress test, all eight of the top lenders in the UK did well, with Virgin Money rising as much as 7.9%.
- RBA's Gov. Lowe: Additional tightening may be required to return inflation to target.
- BoE Gov. Bailey: Latest jobs data shows some indication of labour market easing.
