Federal Reserve Chair Kevin Warsh said there was a lively discussion around four issues.

Macquarie raises PayPal (PYPL.O) PT to $62 from $50.

South Korea Prime Minister Han Seung-sook on Wednesday ordered officials to strictly crack down on hoarding, collusion and other market-disrupting behavior, saying repeated conflict in the Middle East has heightened worries about supply tightness. Han said the regional turmoil is spreading and becoming more complex and urged sustained crisis-response efforts; she noted the economy grew 3.8% YoY in 1H. She instructed ministries to limit heatwave damage and ensure stable supplies of agricultural and fisheries products, and said violators would be punished under law.