Key Global Events

The SEC on Tuesday sued Coinbase for failing to register with the agency as a broker. The charges came two years after the exchange filed with the U.S. SEC to begin publicly trading its shares. The indictment comes a day after the SEC attempted a similar charge against Binance. Bitcoin trades around 26950.

After seeing the RBA busy yesterday, the Canadian central bank will publish its decision on the interest rate hike today at 4 p.m.  

Major European stock markets continue the day in mixed territory. Milan's FTSE MIB -0.44%, Paris' CAC +0.01%, Madrid's IBEX +0.69%, London's FTSE +0.05%. Wall Street futures trade above parity within minutes of the opening of U.S. stock markets indicating a possible upward start. Dow Jones +0.1%, S&P500 +0.07% and Nasdaq +0.07%.

Forex & Commodities

Euro and Sterling appreciate against the greenback. EURUSD cross +0.22%, GBPUSD +0.25%. Among commodities, oil trades around $72.50 a barrel (+1%). Gold trades at 1974 $ an ounce (-0.34%).

Index

Stock markets in the Asia-Pacific region were mixed Wednesday, with the focus on trade data from China which disappointed expectations. The benchmark index, Tokyo's Nikkei 225 closes down -1.82 percent. China's Hang Seng index trades at 19,252 gaining +0.80%.

Global Macroeconomic Data 
CAD - At 4 p.m. the decision on the interest rate hike will be published. Analysts predict an unchanged rate at 4.50%.
US - At 4:30 p.m. the report on US crude oil stocks will be released. Stocks expected to fall to 1,152 million barrels. A decline of 3.336 million barrels.