Both the S&P500 and Nasdaq composite fell on Wednesday as bond yields extended their advance. The 10-year yield topped 4% which is the highest since November.
On the other side, the Dow Jones index ended the day on a positive note.
Looking at the important economic releases of the day, all eyes will be on the eurozone inflation data. The CPI (YoY) is expected to have declined from 8.6% down to 8.2%, few hours later, the ECB will publish its account of the monetary policy meeting.
In the US, initial jobless claims are due to rise from 192K up to 195K.
Below, we will be analyzing the latest price action developments in the major currency pairs alongside gold.