US government bonds suffered their worst 10-year returns in over two centuries, losing roughly 2% a year. Bitcoin faces pressure as yields rise.
The US employment trends index improved to 108.53 in August, up from 107.71, as components showed positive average contributions.
BoE officials express concern over energy price rises and external risks with weak domestic economy.
Oil prices rose 2.66% after Houthi attacks on Saudi energy sites; German trade surplus widened sharply to €21.3 billion in July.
Bitcoin sees sharp moves after Fed comments and jobs data. Focus turns to US CPI and FOMC.
Oil prices move inflation directly and through expectations, and central banks must judge whether energy shocks require a policy response.
Bond yields rise with 10-year Treasury at 4.80%, stocks fall, and gold faces headwinds as markets await CPI and central bank decisions.
The yen strengthened to a seven-month high, extending USD/JPY's slide as traders await US CPI and BoJ guidance.
Benjamin Cowen sees a 65% chance Bitcoin's cycle low is still ahead, watching the $53,000 realized price level.
European stock markets opened slightly lower on Wednesday, weighed by rising oil prices, bond yields, and geopolitical tensions.
Germany's trade surplus rose to €21.3 billion in July, beating forecasts, as imports fell 5.7% month-on-month.
BOJ expected to hike rates next week, but yen rally may be limited if Ueda signals caution.
UBS recommends equities, bonds, and gold as Fed rate hike odds rise to 60%.
RBA's Hunter says below-trend growth is intended, housing market cools deliberately without recession risk.
Wharton professor Jeremy Siegel says midterm elections and Trump pressure are preventing the Fed from raising rates.