Global FX DATA:

      • ASIAN MARKET

        Asian stocks were pressured as borrowing costs rose at home while the dollar notched an 11-month top on the yen on Thursday as stunningly strong U.S. economic data drove Treasury yields to their highest since mid-2011.
         
      • GOLD

        Gold prices inched down on Thursday, after upbeat U.S. economic data and hawkish comments from Federal Reserve policymakers raised prospects of the central bank sticking to its tighter monetary policy, boosting the dollar.
         
      • OIL

        Oil prices on Thursday fell from four-year highs reached the previous session, pressured by rising U.S. inventories and after sources said Russia and Saudi Arabia struck a private deal in September to raise crude output.
         
      • DOLLAR

        The dollar hit an 11-month high against the yen and stood tall against other its peers on Thursday, boosted by a spike in Treasury yields following upbeat U.S. data and comments from Federal Reserve Chairman Jerome Powell that were seen as hawkish.
         
      • SINGAPORE

        Singapore authorities are looking to apply stricter control measures across the marine fuels sector supply chain to boost transparency and accountability in a notoriously opaque industry.
         
      • INDIA

        Activity in India’s dominant services sector eased to a four-month low in September on dwindling demand, while intensifying price pressures pointed to a bumpy road ahead.
         
      • SOUTH KOREA

        SK Hynix Inc said it would invest 20 trillion won ($17.8 billion) in a new memory chip manufacturing plant opening in South Korea, about 29 percent more than originally budgeted.
         
      • MALAYSIA

        HSBC Amanah, the Malaysian Islamic banking arm of HSBC Holdings, has raised 500 million ringgit ($120.63 million) worth of Islamic bonds linked to the United Nations’ sustainable development goals.
         
      • UK

        British Prime Minister Theresa May’s officials are planning to rush her Brexit deal through Parliament to stave off a rebellion from her own party.
      • US
         

        The Trump administration pulled out of two international agreements after Iran and the Palestinians complained to the International Court of Justice about U.S. policies, the latest withdrawal by Washington from multilateral accords.
      • CHINA
         

        China’s foreign ministry criticised the United States for suggesting that Beijing was behind the cancellation of sensitive security talks planned for this month, underscoring the severity of trade tensions between the world’s two biggest economies.
      • SAUDI ARABIA
         

        Saudi Arabia, Kuwait and the United Arab Emirates will sign an agreement to provide up to $10 billion of financial support to Bahrain, quoting an unnamed Gulf diplomatic source.
      • ITALY

        A spike in Italy’s bond yields has put the country’s banks under renewed pressure, raising the specter of capital shortfalls just as challenging refinancing deadlines near.
         

      • JAPAN

        International Monetary Fund Managing Director Christine Lagarde called on Japan to proceed with a sales tax hike to 10 percent as planned next year, calling it a vital step for fiscal reform.