Global FX DATA:

      • ASIAN MARKET

        Shares in Asia stumbled in early trade on Monday as investors waited with bated breath as China's markets prepare to reopen following a week-long holiday and after its central bank cut banks' reserve requirements in a bid to support growth.
         
      • GOLD

        Gold prices inched lower on Monday as the dollar firmed after China's central bank eased its domestic policy to support the economy.
         
      • OIL

        Brent crude oil prices fell more than 1 percent on Monday after Washington said it may grant waivers to sanctions against Iran’s oil exports next month, and as Saudi Arabia was said to be replacing any potential shortfall from Iran.
         
      • DOLLAR

        The dollar edged higher on Monday as China followed an easing in domestic policy by allowing its yuan to fall, though the drop was not as sharp as some had feared.
      • CRYPTOCURRENCY
         

        A very predictable decline saw markets fall back again over the weekend.Bitcoin is still static, unmovable from its $6,600 level and Ethereum is also lacking momentum and is around $225 level. During Asian trading this Monday it made small gains as total market capitalization is still below $220 billion.
         
      • GHANA

        The New Patriotic party has a reputation for fiscal prudence and the new administration floated the idea of a 100-year “century bond” with the eventual aim of raising $50bn — more than Ghana’s entire gross domestic product of $47bn.
         
      • INDIA

        Shares of Aavas Financiers Ltd dropped as much as 13.5 percent in early trade on their market debut after the mortgage lender raised 17.34 billion rupees ($235 million) from its initial public offering in late September.
         
      • KOREA

        U.S. Secretary of State Mike Pompeo said on Monday North Korean leader Kim Jong Un was ready to allow international inspectors into the North’s nuclear and missile sites.
         
      • BRAZIL

        Brazil’s far-right presidential candidate Jair Bolsonaro turned his party from a footnote in a crowded Congress into a national behemoth, underscoring a seismic shift in Latin America’s biggest nation as voters raged against the political establishment.
         
      • UK

        Brexiteers warned UK Prime Minister Theresa May that she could keep Britain within European Union customs arrangements only until 2022.
      • US
         

        The steep decline in emerging market stocks since early this year are attracting some U.S. fund managers who think they may find long-term bargains amid the sell-off.
      • CHINA
         

        Shares in Asia staggered as China’s markets stumbled despite its central bank moving to pump more liquidity into the broader economy, as worries grow of a sharp knock to growth from an escalating trade dispute with the United States.
      • AUSTRALIA

        Australia and New Zealand Banking Group Ltd said that it would take a A$711 million ($501 million) hit to profit due to higher costs including compensation for customers stung by poor bank practices.

      • TURKEY

        Turkey has announced exemptions to its ban on using foreign currencies in business agreements, including export-related contracts, capital market instruments and employment contracts involving foreigners.
         

      • BOSNIA

        Bosnian Serb nationalist leader Milorad Dodik and Sefik Dzaferovic, the candidate of the largest Muslim Bosniak party, have won the Serb and Bosniak seats in Bosnia’s triumverate presidency.