Global FX DATA:

• • • ASIAN MARKET

      Asian shares steadied in early Wednesday trade after world stocks hit eight-week lows the previous day on worries about global economic growth, although the pound stayed firm on hopes for a Brexit deal.
       
    • GOLD
      
      
      Gold prices crawled higher on Wednesday, as long-dated U.S. Treasury yields retreated from multi-year highs, pressuring the dollar.
       
  • • OIL
      
      
      Oil prices edged lower on Wednesday after the IMF lowered its global growth forecasts but prices were supported as Hurricane Michael churned towards Florida, causing the shutdown of nearly 40 percent of U.S. Gulf of Mexico crude output.
       
    • DOLLAR
      
      The dollar slipped further from seven-week highs on Wednesday after U.S. Treasury yields edged lower overnight while sterling took some comfort on hopes Britain and the European Union might be close to a Brexit deal.

    • CRYPTOCURRENCY
       

      Bitcoin and other major cryptocurrencies edged down on Wednesday morning in Asia while Tiberius Technology Ventures moved to stop selling its metal-backed cryptocurrency and plans to refund $1 million to investors.
       
    • INDONESIA
      
      
      The financial burden placed on Indonesian state-controlled companies to develop infrastructure could result in higher fiscal risks for the government.
       
    • INDIA
      
      The rupee gained on Wednesday, recovering from a record low hit at the end of the previous session, as gains in other Asian peers and stronger domestic shares helped sentiment, while the announcement of the first open market bond purchase for October aided bonds.
       
    • TAIWAN
      
      
      Taiwan President Tsai Ing-wen vowed to enhance national security, warning her government will not submit to Chinese suppression as Beijing ramps up pressure to assert sovereignty over the island.
       
    • BRAZIL
      
      Brazilian farmers who break environmental laws in sensitive areas like the Amazon rainforest will face fewer fines for their infractions in a possible government of far-right front-running presidential candidate Jair Bolsonaro.
       
    • UK
      
      Britain and the European Union have made progress in negotiations over the Irish border backstop, a key hurdle in reaching a Brexit deal.

    • US
      
      The top Republican on the Senate Commerce Committee has asked Apple Inc, Amazon.com Inc and Super Micro Computer Inc for staff briefings about a Bloomberg report that the Chinese government implanted malicious hardware into server motherboards provided by Super Micro.

    • CHINA
       

      China’s yuan is forecast to pare some of its recent losses against the dollar over the coming year on hopes that risks from an escalating U.S.-China trade war and a deep sell-off in emerging markets will subside.

    • TURKEY
      
      Turkey said that it would search Saudi Arabia’s consulate in Istanbul where Saudi journalist Jamal Khashoggi vanished last week, and close ally Britain called on Riyadh to provide “urgent answers” over his disappearance.
       

    • JAPAN
      
      
      Japan’s core machinery orders unexpectedly rose in August after robust gains in the previous month in a sign that capital spending is set to grow as companies invest in new equipment and software to manage labor shortages.