Kit Juckes at Societe Generale highlights that recent G10 central bank actions have not sparked major FX moves, with EUR/USD still range-bound. He notes deeper Eurozone GDP forecast cuts versus other regions.
Dow Jones futures move little, hovering near 52,040 during the European hours on Wednesday, ahead of the US regular opening. However, S&P 500 futures rise 0.26% to near 7,540, and Nasdaq 100 futures advance 0.8%, trading near 30,240 at the time of writing.
European Central Bank (ECB) policymaker, Gediminas Šimkus, crossed the wires during the early European session on Wednesday, saying there's still enough upside risk for inflation to justify additional policy tightening.