Global FX DATA:

• • • ASIAN MARKET
      
      Asian stocks were mixed in morning trade on Monday as U.S. President Donald Trump appeared to confirm his summit with North Korean leader Kim Jong-un is now back on track.
       
    • GOLD
      
       Gold prices fell on Monday on revived hopes of a U.S.-North Korea summit, while a strong dollar also weighed on the market.
       
  • • OIL
      
      U.S. oil futures hit six-week lows on expectations major producers may ease output curbs on Monday, while Asian stocks and U.S. share futures gained on signs the United States and North Korea were still working towards holding a summit.
       
    • INDIA
      
      When the government announced a surprise $32 billion bailout plan for the nation’s state-controlled banks last October, credit rating firms and the nation’s central bank saw it as a huge step to getting the industry back to robust health – and lending more to businesses and consumers.
       
    • DOLLAR
      
      The dollar opened the week by sliding against other Asian currencies, giving up gains from last week.After rising to this year’s high of 94.21 on Friday, the U.S. dollar index, which measures the value of the dollar against a basket of six major currencies, fell during Monday morning trade in Asia as the market dealt with the developments over a U.S.-North Korea summit.
       
    • CRYPTO CURRENCY
      
      Bitcoin prices were little changed on Monday. Reports that Korea’s biggest cryptocurrency exchange Bithumb is set to ban digital coin trading in 11 countries including North Korea received some focus.

    • INDONESIA
      
      The additional policy meeting that Indonesia’s central bank has scheduled for Wednesday is a pre-emptive review ahead of the U.S. Federal Reserve’s June meeting, Bank Indonesia’s new governor said on Monday.

    • ITALY
      
      Italy’s president is expected to ask a former International Monetary Fund official on Monday to head a stopgap government amidst political and constitutional turmoil, with early elections looking inevitable.

    • IRELAND
      
      Irish people paid homage on Sunday to an Indian immigrant woman whose death inspired a historic vote to repeal Ireland’s strict abortion laws while the Catholic Church rued the outcome saying it showed indifference to its teachings.

    • US
      
      U.S. President Donald Trump said on Sunday a U.S. team had arrived in North Korea to prepare for a proposed summit between him and North Korean leader Kim Jong Un, which Trump pulled out of last week before reconsidering.

    • COLOMBIA
      
      Right-winger Ivan Duque, who wants to overhaul a peace deal with Marxist rebels, won Colombia’s first-round presidential election on Sunday, setting up a runoff next month with leftist Gustavo Petro, who has pledged to confront privileged elites.

    • FRANCE
      
      France and Germany are pushing for an EU-wide initiative to fund innovation and research in tech start-up projects across the bloc so that Europe can compete more effectively against the likes of China and the United States.
       

    • MEXICO
      
      Mexico’s government said on Sunday it had arrested the wife of top drug lord Nemesio Oseguera on charges of laundering funds for his powerful cartel that is blamed for driving heroin shipments to the United States.