Bank of England's FPC said higher oil and gas prices have made the supply shock more persistent.

Robinhood Markets (HOOD.O) shares rose 2.3% premarket after the broker said it will offer 24-hour weekend trading in U.S. equities.

Oil's pullback eased market stress and lifted Asian equity sentiment Wednesday as investors weigh new developments in the Middle East and the stalled U.S.-Iran standoff. Index futures point to gains in Japan, South Korea and Taiwan; Australia flat. U.S. futures were slightly higher after major indices closed near flat; U.S. semiconductor stocks rallied, and Donald Trump's opposition to AI regulation may support AI-themed names in Asia. Markets are watching whether ceasefire talks advance after mixed signals from both sides. BMO Capital Markets' Ian Lyngen said: "The Middle East conflict and its impact on future inflation remain the dominant macro narrative and could dominate U.S. rate moves for the foreseeable future."