Global FX DATA:

      • ASIAN MARKET

        Asian shares bounced from two-month lows as world equities recovered from a selloff triggered by escalating Sino-U.S. trade tensions, with investors hoping a full-blown trade war between the world’s two biggest economies can be averted.
         
      • GOLD

        Gold prices rose on Friday as investors fled to safe-haven assets after U.S. President Donald Trump re-ignited trade war fears by proposing $100 billion in new tariffs on China.
         
      • OIL

        Oil prices fell on Friday after U.S. President Donald Trump’s threat of new tariffs on China reignited fears of a trade war between the world’s two biggest economies.
         
      • INDIA

        Rakesh Kumar has a post-graduate degree but works as a house painter in the small town of Kasba Bonli in northwestern India.The 31-year-old, the only one of eight siblings to attend university, said his attempts to get a salaried job had failed, and he blamed the government of Prime Minister Narendra Modi for not creating employment opportunities as it had promised.
         
      • DOLLAR

        The dollar fell against the yen on Friday after U.S. President Donald Trump said he had instructed U.S. trade officials to consider $100 billion in additional tariffs on China.
         
      • CRYPTO CURRENCY

         Bitcoin prices rebounded on Friday despite reports that the Reserve Bank of India (RBI) has officially ordered all regulated entities to refrain from providing services to all businesses involved in digital currencies.
         
      • HONG KONG

        A Hong Kong-based activist investment fund opposed to Toshiba Corp's sale of its chip unit to a Bain Capital-led group said the deal should be renegotiated at a valuation of 3.3 trillion yen to 4.4 trillion yen ($30 billion-$41 billion).
      • JAPAN

        Japan’s longest run of economic expansion since the 1980s asset bubble may be entering a turning point, with data out on Friday suggesting consumption will fail to drive growth if trade frictions undermine exports.

      • CANADA

        The United States, Mexico and Canada are “moving forward in a significant way” at talks to modernize the NAFTA trade pact, Canadian Prime Minister Justin Trudeau said on Thursday.

      • US

        U.S. job growth likely slowed in March as the boost from mild temperatures faded, but the gains were probably more than enough to push the unemployment rate down to 4.0 percent, indicating the labor market continues to tighten.

      • CHINA

         President Donald Trump on Thursday directed U.S. trade officials to identify tariffs on $100 billion more Chinese imports, upping the ante in an already high-stakes trade confrontation between the world’s two largest economies.

      • CANADA

        The Philippines could be the most at risk in Southeast Asia from the worsening trade conflict between China and the U.S. About 16.9 percent of the Philippines’ shipments abroad are part of China’s value chain; goods that serve as inputs to China’s exports, according to RHB Bank Bhd. That compares with 11.4 percent for Malaysia and just 2.2 percent for Vietnam.