Global FX DATA:

• • • ASIAN MARKET
      
      Asian shares rallied for a third session on Tuesday as hopes for upbeat corporate earnings buoyed Wall Street, while several high-profile resignations from Britain’s government kept sterling on the defensive.
       
    • GOLD
      
      Gold prices edged up in early Asian trade on Tuesday after hitting a two-week high in the previous session, amid political uncertainty over Brexit and as the U.S. dollar remained subdued.
       
  • • OIL
      
      Oil prices gained on Monday, with U.S. crude ending a choppy session higher on expectations for a Canadian production outage lasting until September, while global benchmark Brent gained on looming sanctions on Iran and falling output in Libya.
       
    • INDIA
      
      The Supreme Court on Monday upheld the death penalty for three men convicted in the gangrape of a young woman in Delhi in 2012, a landmark case that brought an unprecedented level of attention to violence against women in the country.
       
    • DOLLAR
      
      The dollar had rebounded overnight from its lowest point in more than three weeks, spurred by flight from the UK pound sterling. Political turmoil in the UK caused by the resignation of Foreign Secretary Boris Johnson helped shore up the greenback.
       
    • CRYPTO CURRENCY
      
      Bitcoin slipped on Monday and continued to hover near $7,000 amid a lack of meaningful data. Although not a directional driver, a report by the PBOC caught some attention as it indicated the country’s tough stance on crypto trading has proven to be successful.

    • 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.

    • EUROPE
      
       European Central Bank President Mario Draghi renewed his call for a common bank deposit insurance scheme for the euro area on Monday, arguing that sharing a risk helps reduce it.

    • MAYANMAR
      
      A court in Myanmar on Monday charged two jailed Reuters journalists with obtaining secret state documents, moving the landmark press freedom case into its trial stage after six months of preliminary hearings.

    • CHINA
      
      China’s northeastern rustbelt province of Liaoning is studying ways to reverse its declining population and could offer financial incentives to encourage couples to have more children
       

    • SOUTH KOREA
      
      South Korea said on Tuesday it has decided to scrap an annual government mobilisation drill this year as part of a suspended joint exercise with the United States but will carry out its own drills to maintain readiness.The ministers of safety and defence made the announcement at a media briefing on Tuesday. The drill, called the Ulchi exercises, usually takes place every August in tandem with the joint Freedom Guardian military drill with the United States.

    • US
      
       A U.S. soldier killed in Afghanistan was identified late on Sunday as Cpl. Joseph Maciel of South Gate, California, the Department of Defense said in a release.

    • UK
      
      British Prime Minister Theresa May appointed Jeremy Hunt as foreign minister on Monday after predecessor Boris Johnson resigned in protest at the government’s plans for a close trading relationship with the European Union.