Global FX DATA:


        Asian share markets sank in a sea of red on Thursday after Wall Street suffered its worst drubbing in eight months, a conflagration of wealth that could threaten business confidence and investment across the globe.
      • GOLD

        Gold prices inched down on Thursday as robust U.S. data potentially bolstered the chances of multiple U.S. interest rate hikes over the next year.
      • OIL

        Oil dropped on Thursday to extend big losses from the previous session as global stock markets suffered a rout, with crude prices also taking a hit from a weekly industry report showing U.S. crude inventories had risen more than expected.
      • DOLLAR

        The dollar was steady against a basket of currencies on Thursday after spooked investors drove U.S. stocks to their worst fall in nearly eight months overnight.

        Major cryptocurrencies plummeted on Thursday morning in Asia, impacted by a bearish market and a new report that found cryptocurrency thefts in the first three quarters of this year hit $927 million.
      • ITALY

        There is no immediate danger of Italy losing market access or being downgraded below investment grade because the Italian economy has underlying strengths.
      • COMBODIA

        Cambodia’s foreign ministry said a decision by the European Union to ramp up trade pressure on Cambodia over human rights concerns was an “extreme injustice”, adding it risked destroying decades of development progress in the country.
      • INDIA

        The Indian rupee plumbed new lows and stock markets fell deeper into the red for the year on Thursday, rocked by sell-offs across global markets spooked by escalating global trade tensions and warnings of a growth slowdown.

        Indonesia wants to export more coal in order to earn U.S. dollars to shore up its faltering currency, but the problem is buyers don't seem to be hearing the message.

        Australia’s banking watchdog accepted criticism leveled against it by a powerful financial sector inquiry as “reasonable”, and said it may need to take a fresh look at its approach to prosecuting and punishing poor conduct.
      • UK

        A Brexit deal is “within reach” next week, even as he rammed home his insistence that Britain must accept possible checks on trade between its mainland and Northern Ireland.
      • US

        U.S. President Donald Trump said that South Korea will not lift sanctions on Pyongyang without U.S. approval, after the South Korean foreign minister softened earlier comments that some of its unilateral sanctions were under review.
      • CHINA

        China should get ready “more powerful” policy measures, possibly including a large-scale stimulus package, to prevent its economy from stalling as trade frictions with the United States persist.
      • TURKEY

        The deal between Turkey and the United States regarding the northern Syrian town of Manbij is delayed “but not completely dead”.

      • JAPAN

        Bank of Japan board member Makoto Sakurai warned the spread of protectionist trade measures was creating uncertainty in the global economy and could slow Japan’s economic growth to below the BOJ’s projections.