While reporting financial results for the third quarter on Wednesday, Performance Food Group Co. (PFGC) provided net sales guidance for the fourth quarter, below estimates. The company also trimmed its net sales guidance for the full-year 2024.

Sweden's central bank lowered its policy rate for the first time in eight years and signaled another two more rate reductions during the second half of the year as inflation approaches the target of around 2 percent amid the weak economic activity. The executive board of the Riksbank, led by Governor Erik Thedeen, decided to lower the policy rate by 25 basis points to 3.75 percent.

While reporting financial results for the second quarter on Wednesday, Griffon Corp. (GFF) raised its revenue expectation for the full-year 2024 to $2.65 billion from the prior guidance of $2.6 billion.

Shares of Siemens Energy AG were gaining more than 12 percent in German trading after the company on Wednesday raised its outlook for fiscal 2024 after reporting a profit in its second quarter, compared to last year's loss, amid positive market environment. Meanwhile, second-quarter orders were lower than last year, and the company maintained annual earnings forecast.

Ride-hailing and delivery platform Uber Technologies, Inc. (UBER) reported Wednesday a net loss attributable to Uber of $654 million or $0.32 per share for the first quarter, sharply wider than $157 million or $0.08 per share in the prior-year quarter.

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: US indices are heading towards highs

The USD/JPY pair is on the rise again this Wednesday, recovering more than half of its previous losses despite ongoing warnings from Japanese authorities about sharp fluctuations in the yen. Finance Minister Shunichi Suzuki reiterated today that the government is prepared to act against excessive currency volatility.

Fed expectations drive the market; three Fed speakers on the wires today. Dollar recovers but all eyes are on the US stocks and Treasury yields. The pound prepares for the BoE meeting as elections gain more airtime. Yen on the back foot again; gold steady amid the Israeli ground operation

Bitcoin fell 0.2% against the dollar after a 1.8% rise. Amazon's stock corrected by 0.1%, but the MACD indicator is positive. The Australian dollar dropped 0.3% against the dollar, with an overbought market. Gold declined 0.5% against the dollar, with a negative MACD signal. Oil prices closed lower, and the Canadian dollar weakened. Bitcoin exchange inflows are at decade lows.

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Persisting pressure on crypto