Global FX DATA:

      • ASIAN MARKET

        Asian shares slipped to a 14-month trough on Friday as investors feared a new round of Sino-U.S. tariffs could come at any moment, while a slump in U.S. chip stocks rippled through the tech sector.

      • GOLD

        Gold extended gains on Friday as the dollar fell against the yen after a report suggested that U.S. President Donald Trump would next take up trade issues with Japan, while investors feared a new round of Sino-U.S. tariffs could come at any moment.
         
      • OIL

        Oil prices were stable on Friday, as the market balanced a fall in U.S. crude inventories to the lowest levels since 2015, with Sino-American trade tensions and economic weakness from emerging markets.
         
      • DOLLAR

        The dollar slipped against the yen on Friday after a report suggested that Japan would be the next country with which U.S. President Donald Trump will take up trade issues.
         
      • CRYPTOCURRENCY

        Bitcoin and other major cryptocurrency prices rebounded on Friday following a global sell-off amid a report that Goldman Sachs is reconsidering it plans to set up a crypto trading desk, as it still sees the regulatory environment as ambiguous.
           
      • NEW ZEALAND

        New Zealand Prime Minister Jacinda Ardern accepted the resignation of her communications minister only hours after saying her job was safe, capping off a tough month for the popular premier since her return from maternity leave.
         
      • U.N.

        The United Nations mission charged with overseeing Colombia’s peace accord with former FARC rebels said that six ex-guerrilla commanders were failing to fulfill their obligations under the deal and had left reintegration camps.
      • UK

        British employers hired permanent staff at the fastest rate in five months in August, but it questioned how long this would continue in the face of uncertainty about Brexit.

      • US
         

        U.S. job growth likely accelerated in August, with the unemployment rate expected to have fallen back to an 18-year low of 3.8 percent, which would bolster views that the economy was so far weathering the Trump administration’s escalating trade war with China.
      • CHINA
         

        Stocks in China reversed early gains to edge lower, in the last trading session ahead of a deadline for public comment on fresh U.S. trade tariffs on $200 billion worth of Chinese goods, though details on the timing of tariffs remained murky.
      • AUSTRALIA

        Western Australia, the country's biggest wheat exporting state, is poised for near-record harvests of the crop this year after rains in the region in August, even as the eastern grain belt grapples with its second year of punishing drought.

      • INDIA
         

        Indian software services exporter Infosys Ltd announced a joint venture with Singapore state investor Temasek Holdings. Infosys will take a 60 percent stake in the joint venture and Temasek will hold 40 percent.
         
      • JAPAN

        Japan’s household spending rebounded modestly in July as higher bonus payments pushed up real wages, offering policymakers some hope a sustained economic recovery and a tight job market are encouraging consumers to spend.