Global FX DATA:

• • • ASIAN MARKET
      
      Asian stocks extended a global sell-off on Wednesday as Italy’s political crisis rippled across financial markets, toppling the euro to a 10-month low, pushing up Italian borrowing costs and sending investors rushing to safe-haven assets such as U.S. Treasuries.
       
    • GOLD
      
       Gold prices edged up on Wednesday as political turmoil in Italy and concerns over Sino-U.S. trade conflict spurred safe-haven demand, though a strong dollar limited gains for the metal.
       
  • • OIL
      
      OPEC's plans to boost output have spooked oil market bulls, who are starting to seek protection at levels well below the current futures price in case the group delivers a rapid increase in production.
    •  
    • INDIA
      
       Indian Oil Corp , the country’s top refiner and fuel retailer, has marginally cut pump prices of petrol and diesel around India, its website showed on Wednesday.
       
    • DOLLAR
      
      The dollar maintained its momentum, continuing to rally against major currencies in morning trade in Asia Wednesday even as both the Japanese yen and Korean won also gained ground.
       
    • CRYPTO CURRENCY
      
      Bitcoin prices were little changed . Reports that Korea’s biggest cryptocurrency exchange Bithumb is set to ban digital coin trading in 11 countries including North Korea received some focus.

    • SINGAPORE 
      
      Singapore Airlines Ltd said it would launch the world's longest commercial flight in October, a near-19 hour non-stop journey from Singapore to the New York area.

    • JAPAN
      
      Japan plans to ease restrictions on unskilled foreign workers in five sectors hit hard by labour shortfalls, the Nikkei business daily said on Wednesday, as the country confronts the challenges of a shrinking and ageing population.

    • UAE
      
      The United Arab Emirates (UAE) has banned imports of fresh vegetables and fruits from Kerala where 13 people have died due to an outbreak of the rare brain-damaging Nipah virus, the Gulf state said on Tuesday.

    • BRAZIL
      
      Brazilian oil workers planned a 72-hour strike starting on Wednesday, despite a court order, in a new blow to President Michel Temer and an economy reeling from a truckers’ protest that has strangled Latin America’s largest economy for over a week.

    • MALYASIA
      
      Malaysia’s prime minister said on Wednesday the government plans to form a small island on an outcrop of rocks near the eastern entrance to the Straits of Singapore.

    • CHINA
      
      China on Wednesday lashed out at Washington's unexpected statement that it will press ahead with tariffs and restrictions on investments by Chinese companies, saying Beijing was ready to fight back if Washington was looking to ignite a trade war.

    • EUROPE
      
      The European Union told the World Trade Organization’s dispute settlement body on Monday that it had acted within days of a WTO ruling to bring its funding of planemaker Airbus into line with WTO rules, a trade official who attended the meeting said.