Global FX DATA:

• • • ASIAN MARKET
      
      Asian shares fell the most in over a year on Monday as fears of resurgent inflation battered bonds, toppled Wall Street from record highs and sparked speculation that central banks globally might be forced to tighten policy more aggressively.
       
    • GOLD
      
      Gold prices inched down on Monday after robust U.S. jobs data late last week potentially increased the chances of more U.S. interest rate hikes this year.
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    • OIL
      
      A ship carrying 22 Indian crew and 13,500 tons of gasoline is missing in the Gulf of Guinea after contact was lost in Benin on Friday, the company and India’s minister of external affairs said on Sunday.
       
    • SOUTH KOREA
      
      A South Korean appeals court will rule on Monday on Samsung Group scion Jay Y. Lee’s conviction and jail term for corruption in a case that led to the ouster of the nation’s president last year.
       
    • DOLLAR
      
      The dollar nursed losses against a basket of currencies on Friday and was on track for a weekly fall as investors focused on renewed economic strength in the eurozone.
       
    • CRYPTOCURRENCY
      
      U.S. regulators are scrutinizing one of the world’s largest cryptocurrency exchanges as questions mount over a digital token linked to its backers.The U.S. Commodity Futures Trading Commission sent subpoenas on Dec. 6 to virtual-currency venue Bitfinex and Tether, a company that issues a widely traded coin and claims it’s pegged to the dollar, according to a person familiar with the matter, who asked not to be identified discussing private information.
       
    • SINGAPORE
      
      Singapore Telecommunications (Singtel) said it would spend up to $413 million on shares in India’s Bharti Telecom, lifting its stake slightly in the holding company for Bharti Airtel to just under half.

    • ITALY
      
      Leftist politicians on Sunday pinned blame for a racist shooting spree in central Italy on the far-right League party that looks set to make major gains in a March 4 national election.

    • INDIA
      
      Indian bond yields rose on Monday morning tracking their U.S. counterparts while fears of the Reserve Bank of India adopting a more hawkish stance after the recent central budget also weighed on sentiment.

    • CHINA
      
      China’s services sector got off to a flying start in 2018, expanding at its fastest pace in almost six years as new orders surged and companies rushed to hire more staff, a private survey showed on Monday.

    • JAPAN
      
      Japanese Prime Minister Shinzo Abe said on Monday he hoped the central bank would continue to promote “bold” monetary easing to achieve its 2 percent inflation target.

    • NORTH KOREA 
      
      North Korea’s ceremonial leader will make an unprecedented visit to South Korea this week, officials said on Monday, as hopes grow for high-level inter-Korean talks during the Winter Olympics that begin in four days.