German stocks traded higher on Wednesday after survey data from the ifo Institute showed business sentiment in the country improved in April.

The Swiss franc weakened against other major currencies in the European session on Wednesday.

Asian stocks advanced on Wednesday as focus remained on earnings reports from the U.S. megacaps due this week.

The Japanese yen weakened against their major currencies in the Asian session on Wednesday, as markets expect currency intervention by Japanese authorities to prop up the currency ahead of this week's Bank of Japan policy meeting.

Dr. Reddy's Laboratories Ltd. is recalling six lots of Sapropterin Dihydrochloride Powder for Oral Solution 100 mg to the consumer level. According to the U.S. Food and Drug Administration, the recall was due to powder discoloration in some packets leading to decreased potency.

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Altcoins upbeat, Bitcoin hesitant to breakout

U.S. markets experienced significant gains, with both the Nasdaq and S&P 500 closing up over 1% on impending earnings reports from tech giants.

The AUD/USD pair is experiencing upward momentum for the second consecutive day, reaching a one-week high near 0.6453 on Tuesday. This positive movement comes after a period of rapid decline and is supported by encouraging economic data from Australia.

Gold-dollar down 2.4%, MACD negative. Euro-dollar flat, ROC negative. Pound-dollar dips 0.2%, oversold. Bitcoin-dollar jumps 2.3%, stochastic positive. Wall Street rebounds, eyes on earnings. Bitcoin demand slows post-halving. Tesla expects profit margin decline. Major events: US Redbook Index, New Home Sales, 2-Year Note Auction; Japan's PMI; UK's Net Borrowing.

Gold dives towards 2,300; MACD and RSI decline from overbought regions; Price post bearish correction