Global FX DATA:

• • • ASIAN MARKET
      
      "Asia remains vulnerable to a sudden and sharp tightening of global financial conditions, while too long a period of easy conditions risks a further buildup of leverage and financial vulnerabilities," .
       
    • GOLD
      
      Gold prices remained subdued as the dollar held steady near its 2018 high on the relative strength of the U.S. economy.
       
  • • OIL
      
      Oil prices rose more than 2 percent on Wednesday, with Brent hitting a 3-1/2-year high, after U.S. President Donald Trump abandoned a nuclear deal with Iran, likely curbing the OPEC member's crude exports in an already tight market.
       
    • INDIA
      
      India’s benchmark 10-year bond yield jumped in early trade on Wednesday after the central bank revised the list of securities it plans to buy back from the market at its open market purchase of debt on May 17.
       
    • DOLLAR
      
       The dollar rose to a six-day high against the yen on Wednesday as crude oil prices rallied and pushed Treasury yields higher after U.S. President Donald Trump pulled out from an international nuclear deal with Iran.
       
    • CRYPTO CURRENCY
      
      Cryptocurrencies’ prices fell on Tuesday following criticism from Berkshire Hathaway CEO Warren Buffett and co founder of Microsoft Bill Gates .

    • JAPAN
      
      Japanese workers' inflation-adjusted real wages rose for the first time in four months in March, government data showed, in a sign of a gradual increase in salaries that should help stimulate consumer spending.

    • NEW YORK
      
      Commonwealth Bank of Australia posted a 2 percent fall in quarterly cash profit on Wednesday as customers switched to cheaper mortgages and it wore the costs of fixing its tattered reputation in the wake of a series of scandals.

    • SOUTH KOREA
      
      South Korean prosecutors have raided LG Group's head office as part of a probe into alleged tax evasion by family members controlling the conglomerate, the prosecutors' office said on Wednesday.

    • CHINA
      
      China's commerce minister said on Wednesday that China and Japan should strengthen cooperation on advanced manufacturing, technology innovation, sharing economy and elderly care this year.

    • SOUTH KOREA
      
      South Korean prosecutors have raided LG Group's head office as part of a probe into alleged tax evasion by family members controlling the conglomerate, the prosecutors' office said on Wednesday.

    • AUSTRALIA
      
      Australia's new budget relies on optimistic revenue assumptions, rating agency Fitch said on Wednesday, creating some "downside risk" for the government's target to produce a surplus one year earlier than anticipated.