India's equity benchmarks are set to open little changed on Thursday, following a five-session rally driven by tax-cut hopes, as investors await the Federal Reserve's annual symposium for rate trajectory cues.

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.

The Nasdaq fell as megacaps lost after having rallied for much of the year. Nvidia fell 3.5%, the biggest drop in nearly four months.

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.