As far as markets are concerned, the European Central Bank (ECB) is expected to leave rates unchanged in October for the first time in over a year, amid signs of cooling inflation.

Get ready for another event-heavy week for global markets as the focus falls on central bank decisions, top-tier economic data, and corporate earnings from the largest companies in the world.

An air of caution permeated global markets on Wednesday as investors closely monitored corporate earnings and the ongoing conflict in the Middle East.

Escalating tensions in the Middle East over the weekend triggered risk aversion, sending investors rushing toward safe-haven assets with gold prices gapping over $20 at market open.