Producer prices in Japan were up 2.3 percent on year in March, the Bank of Japan said on Wednesday.

The Singapore stock market has moved higher in consecutive trading days, advancing almost 100 points or 3 percent in that span. The Straits Times Index now rests just above the 3,270-point plateau and it's likely to open in the green again on Wednesday.

The Malaysia stock market has moved higher in five straight sessions, gathering almost 30 points or 1.9 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,560-point plateau and it's tipped to add to its winnings again on Wednesday.

The South Korea stock market has alternated between positive and negative finishes through the last four trading days since the end of the four-day losing streak in which it had plunged almost 125 points or 4.6 percent. The KOSPI now sits just beneath the 2,625-point plateau and it figures to bounce higher again on Wednesday.

Australia will on Wednesday release Q1 figures for consumer prices, highlighting a modest day for Asia-Pacific economic activity. Inflation is expected to rise 0.8 percent on quarter and 3.4 percent on year after adding 0.6 percent on quarter and 4.1 percent on year in the three months prior.

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

Dollar loses ground against risk-linked currencies - But yen continues to slide to new 34-year low - Stocks rebound, gold falls on easing geopolitical concerns

The market spotlight shifts to the U.S. equity market, particularly with the impending release of earnings reports from tech giants .