GBP/USD is trading at 1.26273, 0.01% down since previous day close. The Sterling Pound seems to be trading flat against the steady USD ahead of the result of U.S ADP Employment Change data which is to be issued today. Also, the traders remain cautious ahead of U.S inflation figures & NFP data releases due in this week. Last week, the hawkish FOMC Jerome Powell speech at Jackson Hole Symposium led the mixed momentum in major currencies. The outcome of U.K Money Supply & Net Lending to Individuals data will remain in focus for the day. As seen in the chart, the pair seems to be taking a support of previous lows & forming a double bottom. If sustained the levels, a buying pressure may be continued further for the day.

GER30 is trading at  16018, 0.20% up since previous day close. The European shares edges higher on Wednesday amid steady trading in other global peers ahead of the outcome of U.S ADP Employment Change data which is to be issued today. The German GFK Consumer Climate fell by 25.5 from 24.4 which failed o create any major impact on GER30.  On weekend, the China unveiled the new measures to support the stock market & property sector which cushioned the global markets. The result of German Prelim CPI data will remain in focus for the day. As seen in the chart, the index sustained the cluster support with heavy trading volume & reversed on higher side. Currently, the index is hovering near MA (100) which signals strong breakout if breached the level.

WTI Oil is trading at $81.54, 0.14% up since previous day close. The Oil prices surges up in early trade on Wednesday post release of U.S American Petroleum Institute (API) report which showed a massive drop-down in Oil stocks level by 11.486 mbpd against the expected fall of 2.900 mbpd. This signals for lower supplies against the steady demand. Besides this, the potential supply disruptions from Tropical Storm Idalia at Gulf of Mexico further remains supportive for prices. However, the mixed USD ahead of the U.S NFP figures will remain vital for prices. Buying bias may be recommended for the day in WTI Oil as the commodity successfully crossed over the short-term Moving Averages of period 10 & 20.