- US futures rose along with stocks as encouraging news out of China and data from Europe increased risk-taking. Treasuries increased while the dollar declined.
- Prior to the release of the minutes from the Federal Reserve's policy meeting, contracts on the key US indices increased. Tesla increased in premarket trading as investor Cathie Wood added to her holdings of the electric vehicle manufacturer's shares, positioning the company for recovery following Tuesday's drop. After announcing job cuts, salesforce Inc. increased. The Stoxx Europe 600 index increased significantly.
- Hong Kong shares increased as China considered providing additional support for real estate developers. After regulators approved a fundraising plan by Jack Ma's Ant group, Alibaba led premarket gains in Chinese stocks with US listings.
- Investors are looking for signs of cooling that will allow policymakers to slow the pace of interest rate hikes after a volatile year that saw bonds and equities fall on concerns about inflation and higher interest rates. Inflation in France unexpectedly decreased in a report released on Wednesday, adding to indications that price pressure in the euro area is easing.
