EUR/GBP extended its gains to 0.50% on the day and was last at 0.8640.

GBP/USD was down 0.50% on the day to trade at 1.2681.

UK gilts continued to rise, with the two-year yield falling 10 basis points to 5.17%.

Securities and Exchange Board of India: Commission agrees to settlement with National Stock Exchange of India and National Clearing Corporation.

The Lithuanian government has approved a 10 percent increase in the minimum wage, BNS reported.

Wells Fargo: Lowered Google parent company Alphabet (GOOG.O, GOOGL.O) target price from $117 to $116.

Wells Fargo: Raised Meta Platforms (META.O) price target to $313 from $276.

Wells Fargo: Raised Snowflake (SNOW.N) target price from $185 to $195.

Swiss Federal Council: Switzerland extends sanctions against Russia.

According to Sky News: British Chancellor of the Exchequer Hunt will hold talks with pension industry executives on Wednesday.

Swiss Federal Council: Tanks stored in Italy will be repaired in Germany before being supplied to Ukraine.

Switzerland rejects request to supply Ukraine with Leopard 1 tanks.

Ukrainian President Zelensky: Ukraine produces maritime drones and other weapons.

Market News: Hungary calls for extension of import ban on Ukrainian grains.

Spot palladium fell by 4.00% within the day and is now at $1,244.96 an ounce.

Ukrainian President Zelensky: Victory in Ukraine means freedom and peace for Belarus.

Asked about media reports that Surovikin, the former top Russian army commander in Ukraine, knew in advance of an "insurgency" that the Kremlin said it was one example of the fact that there is always a lot of speculation after something happens.

Kremlin: Discussion is underway on the need to change the law after the "rebellion".

The Kremlin commented on Russian missile strikes on the eastern Ukrainian city of Kramatorsk, saying Russia only hit military targets, not civilian ones.

Kremlin: Russian military adviser to continue work in Central African Republic.