On Wednesday, before the release of data on inflation in the US, which is scheduled for Thursday, the strengthening of the US currency was noted.

A Reserve Bank of Australia (RBA) official confirmed this Thursday that the bank may soon stop raising interest rates. However, it was said the bank needs to see more evidence that demand has slowed.

Oil prices slid for a fourth day on concerns over new COVID-19 restrictions imposed in China, the world's largest oil importer. Tightened restrictions may have an impact on fuel demand.

A team of analysts at JPMorgan Chase & Co. noted that at the moment, cryptocurrency markets face a significant deleveraging due to the recent crisis at the digital asset exchange FTX.com.

According to Haruhiko Kuroda, Governor of the central bank of Japan, any upcoming disputes over a change in the course of the ultra-loose monetary policy will be associated with the pace of growth in short-term interest rates and adjustment of the bank's balance sheet.

Binance refused the acquisition of the competitor FTX. The amount of the deal is undisclosed.

According to Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, the Fed's current tight policy is unlikely to change, even though Kashkari himself is a proponent of raising interest rates by fewer basis points than the current hikes are.

The Walt Disney Co. stocks fell more than 7% in pre-market Wednesday trading. That came right after the company announced lower earnings for the fourth quarter of 2022.

On Wednesday, the cost of bitcoin dropped below 10%. Fears related to the stability of the FTX exchange led to the frantic withdrawal of funds and a deal that should rescue it from a stronger Binance player.

Trade group CISPE, which includes Amazon, has filed an antitrust complaint against Microsoft before the European Commission. The group accused the tech giant of having anti-competitive cloud computing practices.