Global FX DATA:

• • • ASIAN MARKET

      The Canadian dollar and the Mexican peso rose on Monday on hopes of progress in negotiations over a renewed North American Free Trade Agreement (NAFTA) deal, but Asian shares got off to a slow start amid further signs of weakness in China.
       
    • GOLD
      
      
      Gold prices dipped on Monday, with the dollar holding steady after marking a near three-week high in the previous session in the wake of the U.S. Federal Reserve's plans last week for multiple interest rate hikes by 2020.
       
  • • OIL
      
      Brent crude oil prices rose to their highest since November 2014 on Monday ahead of U.S. sanctions against Iran, the third-largest producer in the Organization of the Petroleum Exporting Countries (OPEC), that kick in next month.
       
    • DOLLAR
      
      The dollar slipped against the Canadian dollar on Monday as the United States and Canada reached a framework deal to update the North American Free Trade Agreement.
       
    • CRYPTOCURRENCY
      
      Bitcoin is trading at $6,650 which is up just one percent on the day. After falling to a weekly low of $6,380 BTC starts this week just slightly lower than its level this time last Monday. Ethereum is in a similar position with a 1% gain to $233 on the day.
       
    • INDIA
      
      Shares of Bandhan Bank Ltd plummeted to their lowest since the lender’s market debut in March, after the Reserve Bank of India withdrew permission to open new branches and froze its chief executive’s remuneration at the current level until further notice.
       
    • SOUTH KOREA
      
      South Korea’s exports fell the most in over two years in September, but analysts chalked up the decline to fewer working days and said global demand for the country’s goods still seems strong despite mounting Sino-U.S. trade tensions.
       
    • AUSTRALIA
      
      Rio Tinto and its joint venture partners, Mitsui & Co and Nippon Steel & Sumitomo Metal, will spend about $1.55 billion to maintain production capacity at two iron ore projects in Western Australia.
       
    • CANADA
      
      The United States and Canada reached a deal to salvage NAFTA as a trilateral pact with Mexico, beating a midnight deadline with agreements to substantially boost American access to Canada’s dairy market and protect Canada from possible U.S. auto tariffs.

    • US
       

      The U.S. Justice Department filed suit after California Governor Jerry Brown signed legislation to restore open internet protections known as net neutrality in the state after the Trump administration repealed the rules in December 2017.

    • CHINA
       

      China has canceled a security meeting with U.S. Secretary of Defense Jim Mattis that had been planned for October, days after a top Chinese official said there was no reason to panic over tensions between the countries.

    • UK
       

      British finance minister Philip Hammond will look to reassure businesses that they remain at the heart of the centre-right Conservatives’ plan for the economy, against a backdrop of heightened tension over Brexit.

    • IRAQ
      
      Iraq plans to increase the production and exports of light crude oil to 1 million barrels per day in 2019, as part of its strategy to boost state revenue.
       

    • JAPAN
      
      
      Japanese manufacturing activity expanded at a steady pace in September, though export orders contracted and confidence about the outlook for production slumped to near two-year lows amid growing concern about global trade protectionism.