The stock market is heading into a catalyst-filled week as Fed Chair Jerome Powell gets ready to speak at Jackson Hole and big retailers report earnings.

Liquidity constraints pose a significant challenge for BTC bulls looking to engineer a steep uptrend well into the year-end.

London (UKX) +1.08% at 9,288.  UK's inflation rises to 3.8% in July, highest in 18 months. Germany (DAX:IND) -0.60% at 24,277. France (CAC:IND) -0.08% at 7,973. The headline annual inflation rate in the Eurozone was unchanged from the prior month at 2% in July.

The U.S. dollar was little changed on Wednesday as traders awaited a speech from Federal Reserve Chair Jerome Powell at the annual Jackson Hole central bankers' symposium later this week for clues on the path of monetary policy.

Bitcoin fell below $113,000, pulling the crypto market down 1.5% to $3.9t as profit-taking deepened ahead of Powell’s Jackson Hole speech.

Bitcoin price strong rally could be nearing its end as it slowly formed a highly bearish chart pattern on the daily chart timeframe. While it is not clear