New Zealand's Finance Minister Nicola Willis gave speech notes ahead of Thursday's Pacific market session regarding New Zealand's latest budget notes.

Manager of the System Open Market Account (SOMA) at the New York Federal Reserve (Fed) Roberto Perli noted during prepared remarks on Wednesday that the Fed's recent announcement to slow the pace of Fed balance sheet run-off should reduce prospects for market stress.

Argentina Industrial Output n.s.a (YoY) declined to -21.2% in March from previous -9.9%

United States 10-Year Note Auction fell from previous 4.56% to 4.483%

Federal Reserve Bank of Boston President Susan Collins emphasized that the US economy requires a period of moderation as a means to reattain the central bank's 2% inflation target.

Turkey Treasury Cash Balance down to -236.98B in April from previous -166.78B

United States Wholesale Inventories in line with expectations (-0.4%) in March

European Central Bank (ECB) policymaker Robert Holzmann said on Wednesday that he doesn't see a reason to cut key interest rates "too quickly or too strongly," per Reuters.

United States MBA Mortgage Applications increased to 2.6% in May 3 from previous -2.3%

Bank of Japan (BoJ) Governor Kazuo Ueda said on Wednesday that rapid, one-sided falls in the Japanese Yen are undesirable and negative for the Japanese economy, per Reuters.

Italy Retail Sales n.s.a (YoY) fell from previous 2.4% to 2% in March

Italy Retail Sales s.a. (MoM) below forecasts (0.2%) in March: Actual (0%)

Sweden Riksbank Interest Rate Decision in line with forecasts (3.75%)

Austria Trade Balance climbed from previous €724.4M to €1181.7M in February

Spain Industrial Output Cal Adjusted (YoY) declined to -1.2% in March from previous 1.5%

Germany Industrial Production n.s.a. w.d.a. (YoY) up to -3.3% in March from previous -4.9%

Germany Industrial Production s.a. (MoM) above expectations (-0.6%) in March: Actual (-0.4%)

South Africa Net $Gold & Forex Reserve: $57.851B (April) vs $57.513B

South Africa Gross $Gold & Forex Reserve fell from previous $62.323B to $61.795B in April

Netherlands, The Manufacturing Output (MoM) fell from previous 1.4% to -1.5% in March

Japanese Finance Minister Shunichi Suzuki said on Wednesday that rapid foreign exchange (FX) movements are undesirable.

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Wednesday at 7.1016 as compared to the previous day's fix of 7.1002 and 7.2202 Reuters estimates.

Bank of Japan (BoJ) Governor Kazuo Ueda spoke in the Japanese parliament on Tuesday.

Japanese Finance Minister Shunichi Suzuki said on Wednesday that he will closely monitors currency fluctuations with a sense of urgency.

Argentina Tax Revenue (MoM) fell from previous 7726B to 625.03B in April

Argentina Tax Revenue (MoM) down to 625.034B in April from previous 7726B

United States Consumer Credit Change came in at $6.27B below forecasts ($15B) in March

United States 3-Year Note Auction climbed from previous 4.548% to 4.605%

Federal Reserve (Fed) of Minneapolis President Neel Kashkari hit newswires for the second time on Tuesday as the Fed official weighs in on the Fed's inflation and interest rate outlook for the rest of the year.

New Zealand GDT Price Index rose from previous 0.1% to 1.8%