Federal Reserve (Fed) Governor Stephen Miran spoke about the United States (US) financial regulatory framework at the Bank Policy Institute, in Washington DC on Wednesday. He claimed that he strongly supports United States (US) central bank's efforts to streamline bank regulations.

The Japanese Yen (JPY) is weak, down 0.4% against the US Dollar (USD) and underperforming nearly all of the G10 currencies in an environment of broad-based USD strength, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

The Minutes of the United States (US) Federal Reserve’s (Fed) October 28-29 monetary policy meeting will be published on Wednesday at 19:00 GMT.

United States Goods Trade Balance down to $-85.6B in August from previous $-85.5B

United States Goods and Services Trade Balance came in at $-59.6B, above forecasts ($-61B) in August

United States MBA Mortgage Applications down to -5.2% in November 14 from previous 0.6%

US Dollar (USD) is likely to trade in a range between 7.1020 and 7.1170. In the longer run, if USD breaks above 7.1170, it would mean that the weakness in USD has stabilized, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

South Africa Retail Sales (YoY) above expectations (3%) in September: Actual (3.1%)

Japan’s Finance Minister (FM) Satsuki said after a meeting with government ministers and Bank of Japan (BoJ) Governor Kazuo Ueda that the administration and the central bank will work closely towards sustainably achieving price increase.

United Kingdom 10-y Bond Auction down to 4.608% from previous 4.769%

The Nasdaq 100 has closed below its 50-DMA for the first time since May and broken a multi-month ascending trend line, signalling renewed downside pressure, Société Générale's FX analysts note, Société Générale's FX analysts note.

United Kingdom DCLG House Price Index (YoY) fell from previous 3% to 2.6% in September

Eurozone Current Account s.a came in at €23.1B, above expectations (€14.5B) in September

Eurozone Current Account n.s.a rose from previous €13B to €38.1B in September

Despite one month realised EUR/USD volatility sinking to just 4.8%, one month traded volatility has picked up to 6.5%, ING's FX analyst Chris Turner notes.

Shelter inflation measured by out-of-pocket expenses is likely to have remained elevated. OER likely understates mortgage costs but overstates costs for those without mortgages in recent years.

Austria HICP (YoY) meets forecasts (4%) in October

Austria HICP (MoM) meets expectations (0.5%) in October

South Africa Consumer Price Index (MoM) fell from previous 0.2% to 0.1% in October

South Africa Consumer Price Index (YoY) climbed from previous 3.4% to 3.6% in October

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding ground after a three-day winning streak and trading around 99.60 during the European hours on Wednesday.

Indonesia Bank Indonesia Rate in line with expectations (4.75%)

United Kingdom PPI Core Output (YoY) n.s.a remains at 3.6% in October

United Kingdom PPI Core Output (MoM) n.s.a rose from previous 0% to 0.1% in October

United Kingdom Producer Price Index - Input (YoY) n.s.a came in at 0.5% below forecasts (0.7%) in October

United Kingdom Producer Price Index - Output (YoY) n.s.a: 3.6% (October) vs 3.4%

United Kingdom Producer Price Index - Output (MoM) n.s.a meets forecasts (0%) in October

United Kingdom Retail Price Index (MoM) in line with forecasts (0.3%) in October

United Kingdom Consumer Price Index (YoY) meets forecasts (3.6%) in October

United Kingdom Producer Price Index - Input (MoM) n.s.a came in at -0.3%, below expectations (0%) in October