Global FX DATA:

• • • ASIAN MARKET
      
      Asian shares dropped in tentative morning trade on Tuesday as sentiment remained fragile in the face of tense trade relations between the United States and major economies, with investors braced for another potentially rocky day for Chinese markets.
       
    • GOLD
      
      Gold prices crept higher early on Tuesday, after falling about 1 percent to a six-and-a-half-month low in the previous session, as a softer dollar and mounting global trade tensions supported the safe-haven metal.
       
  • • OIL
      
       Oil prices climbed on Tuesday after Libya declared force majeure on some of its supplies, although an overall rise in OPEC output and an emerging slowdown in demand held back markets.
       
    • INDIA
      
      Indian shopkeepers and traders affiliated to a local lobby group held scattered sit-in protests across the country on Monday against Walmart Inc’s proposed $16 billion acquisition of e-commerce firm Flipkart.
       
    • DOLLAR
      
      The dollar eased marginally against its peers on Tuesday, as the euro steadied after partners in Germany’s coalition settled a row over migration that had threatened to topple Chancellor Angela Merkel’s government.
       
    • CRYPTO CURRENCY
      
      Bitcoin rebounded on Tuesday amid reports that Swiss politicians and regulators are considering to give crypto companies full access to conventional banking services.

    • RBI
      
      The Reserve Bank of India monetary policy committee struck a balanced note on its rate stance going forward and cited rising inflation pressure due to high oil prices as the key reason for raising interest rates in the June meeting, according to minutes of the meeting released by the RBI.

    • JAPAN
      
      Corporate Japan expects only a slight acceleration in inflation in a year and barely any change in the next three to five years, a central bank survey showed on Tuesday, highlighting the difficulties the bank faces in hitting its price target.

    • CANADA
      
      The White House said on Monday that Canada’s decision to enact tariffs on C$16.6 billion ($12.63 billion) worth of American goods in retaliation for U.S. tariffs on imports of Canadian steel and aluminum would not help its economy.

    • CHINA
      
      China’s exports to the United States in June rose 3.8 percent from a year earlier in yuan terms, 23.8 percentage points lower than the growth rate seen a year earlier, the country’s customs agency said late on Monday.
       

    • NORTH KOREA
      
       U.S. Secretary of State Mike Pompeo will leave for North Korea on Thursday seeking agreement on a plan for the country’s denuclearisation, despite mounting doubts about Pyongyang’s willingness to abandon a weapons program that threatens the United States and its allies.

    • US
      
      U.S. retail vacancies rose marginally to 10.2 percent in the second quarter, hurt by bankrupt toy retailer Toys “R” Us Inc’s store closures, real estate research firm Reis Inc REIS. said in a report on Monday.
       

    • AUSTRALIA
      
      An Australian archbishop was sentenced to a year in detention on Tuesday for concealing child sexual abuse by a priest, but will remain on bail while his suitability for home detention is determined.