South Korea will on Thursday release preliminary Q1 figures for gross domestic product, highlighting a modest day for Asia-Pacific economic activity. GDP is expected to rise 0.6 percent on quarter and 2.4 percent on year after gaining 0.6 percent on quarter and 2.2 percent on year in the three months prior.

After five successive days of gains, the Canadian market turned in a weak performance on Wednesday with stocks from industrials and communications sectors declining sharply.

The U.S. dollar stayed fairly steady on Wednesday, scoring gains against some of its major counterparts, and drifting down a bit against some, as traders digested U.S. durable goods orders data, and awaited Q1 GDP data and a report on personal income and spending that includes readings on inflation said to be preferred by the Fed.

The Canadian market is languishing in negative territory Wednesday afternoon, weighed down to a large extent due to losses in industrials and communications sectors. Financials and technology stocks are also weak.

The Switzerland market ended on a weak note on Wednesday as investors largely stayed cautious and chose to lighten some commitments ahead of a slew of crucial economic data from the U.S.

The EUR/USD pair rose to 1.0707 on Wednesday, driven by increased local risk appetite and the belief that the currency was significantly oversold against the US dollar. This resurgence indicates a temporary rebalancing in the currency market.

WTI futures develop within a bullish channel since December ; Price retreats from a 6-month high but finds support at 50-day SMA ; Oscillators suggest intensifying positive momentum

Bitcoin dipped 0.6%; ROC signals align. Apple rose 0.8%, but stochastic signals negativity. Aussie dollar climbed 0.5%, supported by CCI. Gold fell 0.4%; stochastic RSI suggests oversold. Oil hits $100/barrel; USD index drops. Yen hits multi-year lows vs. USD, Euro.

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Dollar Pullback from Overbought Territory Boosts Appeal

Stocks feeling more positive following the US PMI miss; Busy earnings calendar as focus remains on US data prints; Dollar/yen remains a tad below 155 ahead of the BoJ meeting; Aussie benefits from stronger CPI report