In Asian Equity Markets the Nikkei 225 in Japan declined 0.63 percent in early trade, as shares of automaker Nissan fell more than 4 percent. In South Korea, the Kospi was largely flat as industry heavyweight Samsung Electronics saw its stock fell 0.22 percent after the company said on Tuesday its first quarter earnings would likely fall short of expectations. Meanwhile, the ASX 200 in Australia declined 0.37 percent, with almost all sectors seeing losses. The mainland Chinese markets, however, bucked the overall trend as the Shanghai composite added around 0.2 percent.

In Currency Markets the U.S. dollar held modest gains on Wednesday as a recovery in investor risk appetite arrested a decline in benchmark U.S. Treasury yields, which fell to 15-month lows this week. The dollar index versus a basket of six major currencies was steady at 96.765 after edging up nearly 0.2 percent overnight. The euro was a shade higher at $1.1274 after shedding 0.4 percent the previous day. The dollar slipped 0.15 percent to 110.475 yen, losing some steam after surging 0.6 percent against its Japanese peer on Tuesday.

In Commodities Markets oil prices edged lower on Wednesday after an industry report showed an unexpected rise in U.S. crude inventories, but losses were capped by ongoing supply curbs and issues affecting output from countries including Venezuela. Brent was down by 12 cents, or 0.2 percent, at $67.85. On Tuesday, the global benchmark rose 76 cents to $67.97 a barrel, not far below its year-to-date high of $68.69, reached on March 21. U.S. crude futures fell 9 cents, or 0.2 percent, to $59.85. The U.S. benchmark rose $1.12, or 1.9 percent, to $59.94 a barrel in the previous session.

In US Equity Markets stocks gained on Tuesday, with financials snapping a five-day losing streak as Treasury yields stabilized above 15-month lows. The S&P 500 financial index gained 1.1 percent and registered its biggest daily percentage gain since Feb. 15. The S&P 500 gained 0.72 percent, to 2,818.46 and the Nasdaq Composite added 0.71 percent, to 7,691.52. Also helping stocks, the S&P energy index jumped 1.5 percent. Carnival Corp tumbled 8.7 percent after the world’s largest cruise operator cut its annual profit forecast.

In Bond Markets U.S. benchmark 10-year Treasury yields were steady on the day on Tuesday, but above 15-month lows reached on Monday as risk assets showed signs of stabilization after two days of weakness. Benchmark 10-year note yields were last 2.414, steady on the day but above the 2.377 percent level reached on Monday, which was the lowest since December 2017. The Treasury Department saw strong demand for a $40 billion sale of two-year notes on Tuesday despite lower yields, the first sale of $113 billion in coupon-bearing supply this week.