Global FX DATA:

• • • ASIAN MARKET
      
      Asian shares started the week in the red on Monday, faltering for the eighth straight day while the dollar climbed as U.S. President Donald Trump raised the stakes in the heated trade dispute with China.

    • GOLD
      
      Gold held on to a small loss from the previous session on Monday, as the dollar firmed amid expectations of a U.S. Federal Reserve interest rate hike in September and fears of escalating trade tensions between the United States and China.
       
  • • OIL
      
      Oil prices rose on Monday as U.S. drilling for new production stalled and as the market eyed tighter conditions once Washington’s sanctions against Iran’s crude exports kick in from November.
       
    • DOLLAR
      
      The dollar edged higher against a basket of currencies on Monday thanks to strong U.S. August jobs data and amid fears of a potentially major escalation in the China-U.S. trade conflict.
       
    • CRYPTOCURRENCY
      
      Bitcoin and other cryptocurrencies gained ground on Monday morning in Asia, but the gains are slight compared to the losses they have sustained over the past couple of weeks.
         
    • SUDAN
      
      President Omar al-Bashir dissolved the Sudanese government and named a new prime minister, moves aimed at fixing a crisis-hit economy battered in recent months by shortages of bread, fuel and hard currency.
       
    • IRAN
      
      Iran has completed a facility to build advanced centrifuges, as Tehran prepares to increase its uranium-enrichment capacity if the nuclear deal collapses after the United States exits.
       
    • SINGAPORE
      
      Singaporean shares skidded to a 17-month low on Monday while the Philippines index fell for the fourth straight session, as sentiment in Asia remained dull amid an escalating trade feud between the United States and China.

    • UK
      
      Former Foreign Minister Boris Johnson launched a two-pronged attack on Britain’s government, criticizing suggestions it may increase taxes to fund services and its management of a high-speed rail project.

    • US
       

      U.S. Energy Secretary Rick Perry will meet counterparts from Saudi Arabia and Russia starting, as the Trump administration encourages oil-producing countries to keep output up two months before it is due to renew sanctions on Iran’s crude exports.

    • CHINA
       

      China’s producer inflation cooled in August amid softening domestic demand, pointing to a steady slowing in growth in the world’s second biggest economy as it confronts heightened risks to the outlook from a heated trade dispute with the United States.

    • AUSTRALIA
      
      A senior central bank official has downplayed the chances of a slowdown in Australia’s once-booming housing market undermining the stability of the country’s banks, saying the risk appears to be low.

    • INDIA
       

      India’s 10-year bond yield rose to its highest since late-2014 on Monday as worries of higher crude prices and weakening rupee bolstered inflation concerns.
       
    • JAPAN
      
      Heavy capital spending in the second quarter drove Japan’s economy to grow much more quickly than first estimated to hit its fastest pace since 2016, although global trade tensions and a string of natural disasters pose risks to the outlook.