Shares of Commerzbank rose 1.8 percent after it announced an increase in its profit target.

Market news: Commerzbank is considering achieving a return on tangible equity of more than 10%, while also considering increasing shareholder payouts.

The Turkish banking index rose for a second straight day and is now up 3.1%.

The euro against the pound EUR/GBP fell more than 0.50% on the day and is now at 0.8511.

NZD/USD was down 0.50% on the day at 0.6179.

Brazilian President Lula: I hope the Senate will pass the tax reform policy before the end of the year.

Brazilian President Lula said that inflation is falling and that interest rates will also fall soon.

US National Hurricane Center: There is a 30% chance of a cyclone several hundred miles east-northeast of Bermuda within the next 48 hours.

French military sources said France did not view the delivery of long-range cruise missiles as an escalation, noting that Russia used missiles with longer ranges.

A spokesman for the prime minister said the wages figures showed the challenges facing the UK and the need to keep the rules, partly related to pay limits.

Interfax: Russia sees no basis for peace talks with Ukraine, the chairman of the Federation Council of the Russian Federation Parliament said.

Market news: The Governor of the Central Bank of Turkey will visit Saudi Arabia together with the Turkish Finance Minister.

South African electricity utility Eskom: From 5am on Wednesday, levels 3 and 4 will be in place until further notice.

GBP/USD gained 0.50% on the day to trade at 1.2924.

EUR/NOK fell to a 3-1/2-week low, down 0.5% on the day at 11.464.

Russian Foreign Minister Lavrov: We will ensure all legitimate security interests of Russia.

Turkish Vice President: 762 billion Turkish lira will be spent on earthquake aid in 2023.