Forex today was characterized by the risk-off action in the Asian equities and the resulting broad US dollar recovery. USD/JPY recovered early lost ground but lacks strong follow-through due to the increased safe-haven bids for the Yen. Meanwhile, EUR/USD consolidated the overnight drop below the 1.1300 level, but the pair looks to regain the critical barrier at 1.1300. Pound spiked to fresh session tops, around mid-1.3100s, remained supported by hopes that the UK Parliament will also reject Wednesday's no-deal motion.

Today’s EUR macro calendar remains relatively light, with the only Eurozone industrial production data slated for release at 10:00 GMT. However, the ECB Governing Council member Mensch’s speech will be eyed alongside the latest Brexit-related headlines.

In the NA session, the US PPI and durable goods orders data, due at 12:30 GMT, will grab some attention ahead of the Brexit delay vote scheduled at 19:00 GMT. Ahead of the vote, the EIA crude stocks report at 14:30 GMT and ECB Governing Council member Coeure’s speech will remain in focus.

Oil prices rose on Wednesday, pushed up by ongoing supply cuts from producer group OPEC and by U.S. sanctions against Iran and Venezuela. Both crude benchmarks traded with moderate gains, WTI aiming for a retest of multi-month tops near 57.90 levels. Oil futures bucked the trend of falling stock markets on Wednesday, with a 'risk-off' mood settling on markets amid a gloomy economic outlook and concerns about a disorderly exit of the European Union by Britain. Investors may now await official EIA stockpile report, up for release at 14:30 GMT during today.

Gold adds to gains beyond $1300 mark as the prevalent cautious mood underpins the commodity’s safe-haven demand. After a modest pull-back at the start of this week, a combination of supporting factors helped the precious metal to regain positive traction, such as growing Brexit uncertainties and the release of softer than expected US consumer inflation figures. Moving ahead, today's US economic docket, featuring the release of durable goods orders data and PPI figures, will now be looked upon for some fresh impetus later during the early North-American session.