Spot gold fell by $4 in the short term and is now at $1997.38 an ounce.

Indian automaker Maruti Suzuki: FY2023 car production cut by 170,000 units due to chip issues.

Boeing: plans to increase production capacity to 50 per month during 2025/2026.

Boeing: Plans to increase production to 38 a month later this year and 787 production to five a month.

Boeing: Still expects to deliver 400-450 planes this year, producing three 787s per month.

Wagner Group founder Prigozin: We will continue to advance by any means to destroy the Ukrainian army and stop their planned offensive.

Wagner Group founder Prigozin: Due to lack of ammunition, our death toll in Bakhmut was five times higher than it should have been.

Wagner Group founder Prigozin: We have not received ammunition from the Ministry of Defense.

Spanish Prime Minister Sanchez: The time is ripe for the approval of the Mercosur agreement.

Brazilian regulators approve UBS and Credit Suisse deal.

Italian Minister of Economy: The reconstruction of Ukraine needs more than 400 billion U.S. dollars, and as of 2033, 100 billion U.S. dollars have been spent so far.

Prigozin, founder of the Wagner Group: Ukraine is now sending troops to Bakhmut.

Spanish Prime Minister Sanchez: EU partners are unwilling to ratify the Mercosur agreement, but I will try to persuade them.

Italian Economy Minister: Italy will provide 100 million euros in guarantees to contribute to the "EU Support for Ukraine" fund run by the European Investment Bank.

Bitcoin hit $29,000 per coin, up 3.66% within the day.

Italian Economy Minister: EU institutions must use their own resources to support the efforts of EU countries to help Ukraine.

Brazilian President Lula: Supports the creation of a currency for trade between the BRICS countries.

[German Air Force intercepts 3 Russian military planes over the Baltic Sea] The German Air Force said on Wednesday that it intercepted three Russian military planes in international airspace over the Baltic Sea that did not receive a transponder signal. Germany and the United Kingdom sent Eurofighters to identify the two Su-27 fighter jets and an Il-20 aircraft, the Luftwaffe said. Russian military aircraft regularly fly from the Russian mainland to Kaliningrad and back again, meaning the situation is fairly common in the region.

Market news: Changes to work requirements and ethanol tax breaks in US Republican debt ceiling bill.