Global FX DATA:

• • • ASIAN MARKET
      
      Asian shares fell on Wednesday after Wall Street was knocked hard by concerns about tighter controls on the tech industry, denting a brief global equities recovery driven by hopes that the risk of a U.S.-China trade war was easing.
       
    • GOLD
      
      Gold was little changed on Wednesday after falling in the previous session as concerns about a potential trade war between the United States and China eased which supported the dollar and reduced the incentive to hold bullion as a safe-haven asset.
       
  • • OIL
      
       Oil prices fell on Wednesday, with Brent dropping back below $70 per barrel and U.S. West Texas Intermediate crudes dipping below $65, pulled down by a report of increasing U.S. crude inventories that surprised many traders.
       
    • INDIA
      
      The Income Tax department has frozen Cognizant Technology Solutions Corp’s bank accounts and deposits in Chennai and Mumbai for allegedly evading a dividend distribution tax (DDT).
       
    • DOLLAR
      
      The safe haven Japanese yen sagged, as optimism that the United States and China could begin negotiations on trade helped ease concerns about a trade war, bolstering demand for riskier assets.
       
    • CRYPTO CURRENCY
      
      Cryptocurrency prices were mixed on Wednesday, with Litecoin extending its losses from Tuesday as its payment processor LitePay abruptly shut down just one month after its launch.
       
    • SOUTH KOREA
      
      The United States and South Korea agreed to revise their six-year-old trade pact with a side deal to deter competitive currency devaluation by Seoul and with concessions for U.S. autos and pharmaceutical companies

    • US
      
      A fatal crash and vehicle fire of a Tesla Inc Model X near Mountain View, California, last week has prompted a federal field investigation, the U.S. National Transportation Safety Board said on Tuesday, sparking a big selloff in Tesla stock.

    • CHINA
      
      North Korean leader Kim Jong Un has pledged to denuclearise and meet U.S. officials, China said on Wednesday after an historic meeting with President Xi Jinping, who promised China would uphold its friendship with its isolated neighbour.
       

    • BRITISH
      
      British Prime Minister Theresa May called on Tuesday for a “long-term response” by the West to the security threat from Russia as NATO followed member states in expelling Russian diplomats over the poisoning of a double agent in England.
       

    • JAPAN
      
      Japanese Prime Minister Shinzo Abe said on Wednesday there was no change to his plan to raise the country's sales tax hike next year unless the economy is hit by a huge external shock.

    • CALIFORNIA
      
       Leaders of Orange County, California on Tuesday voted to join a federal lawsuit against the state’s sanctuary law as part of a growing backlash in some conservative parts of California to state laws that protect illegal immigrants from deportation.