- US share futures and European equities edged higher as investors braced for inflation data that will help clarify Fed policy.
- The S&P 500's contracts indicated small gains after the gauge wiped out all losses from the beginning of the year and closed just short of an all-time high set two years ago.
- Cryptocurrency stocks extended their advance in premarket trading after regulators approved exchange-traded funds that invest directly in Bitcoin.
- Citi slipped after the bank said it would set aside a $1.3 billion reserve to cover risk in both Argentina and Russia.
- Thursday's US inflation report is top of mind for traders; more evidence of cooling price pressures would boost optimism about Fed interest-rate cuts, but a strong number may spark volatility.
- US Treasuries increased, with the yield on the 10-year benchmark falling below 4%, but oil prices jumped due to ongoing concerns in the Middle East.
- In Europe, the STOXX 600 index lost much of its 0.8% gain.
- Bitcoin momentarily reached $47,000 in a modest advance following the Securities and Exchange Commission's approval of ETFs. The largest digital currency had already risen over 160% in the previous 12 months in anticipation of the ruling and looser monetary policy.
- BoJ is contemplating lowering its price outlook for FY2024 to middle 2% range - Jiji.
