Global FX DATA:

• • • ASIAN MARKET
      
      Asian Equities were mixed in morning trade on Thursday, as investors considered the implications of the Fed’s policy decision. Fears of global trade wars continued to weigh as U.S. president Trump is reportedly set to impose tariffs on more than 100 different types of Chinese goods over intellectual-property violations on Thursday.
       
    • GOLD
      
      Gold prices inched lower on Thursday as investors took profits after the yellow metal hit a two-week high in the previous session on a weaker dollar after the U.S. Federal Reserve disappointed investors expecting more hawkish comments on interest rate rises.
       
  • • OIL
      
      Oil prices were firm on Thursday, buoyed by a surprise decline in U.S. crude inventories as well as ongoing supply cuts led by OPEC, although a relentless rise in U.S. oil output threatens to undermine efforts to tighten the market.
       
    • INDIA
      
      India has dropped a plan to double a wheat import tax to 40 percent, two government sources said, in a sign it expects imports to make up for a shortfall in domestic production for the third year in a row.
       
    • DOLLAR
      
       The dollar struggled against its peers on Thursday after the Federal Reserve indicated it was more likely to raise interest rate three times in 2018 instead of the four that some currency bulls had hoped for.
       
    • TEAXAS
      
      The serial bomber whose deadly attacks terrorized Austin, Texas, for weeks left a 25-minute video “confession” on a cell phone found after he blew himself up on Wednesday as officers closed in to make an arrest.
       
    • SOUTH KOREA
      
      The South Korea presidential office on Thursday proposed a four-year, two-term presidency, as widely expected, saying the current five-year single-term presidency hails from the age of dictatorship.

    • CHINA
      
      Chinese financial heavyweight Guo Shuqing has been appointed head of the country’s newly merged regulator for the banking and insurance sectors, Financial News,Beijing has merged the China Banking Regulatory Commission (CBRC) and China Insurance Regulatory Commission (CIRC) to resolve problems such as unclear responsibilities and cross-regulation as the government beefs up oversight of financial services to reduce risks in the banking system.