Global FX DATA:

      • ASIAN MARKET

        Asian shares gained on Friday after mildly positive trade figures from China, though the potential for trade friction with the US raised concerns.
         
      • GOLD

        Gold prices rose for a third straight session on Friday on a weaker dollar, with the precious metal on track for a fifth straight weekly gain.

      • OIL

        Oil prices eased on Friday after hitting their highest levels since December, 2014 the previous day.
         
      • US AID TO PAKISTAN

        A surprise New Year’s Day tweet by President Donald Trump in which he appeared to decree an end to U.S. aid for Pakistan, sent U.S. officials scrambling to suspend security assistance without even knowing how much aid they were freezing.
         
      • MEXICO

        Mexico has made clear it will never pay for President Donald Trump's planned southern border wall, the country's economy minister said on Thursday, after the U.S. leader again insisted he would make Mexico pay for the barrier.
         
      • CHINA

        China’s exports and imports growth slowed in December after unexpectedly surging in the previous month, adding to signs of ebbing economic growth as the government extends a crackdown on financial risks and factory pollution.
         
      • JAPAN

        Japan’s western Kagawa prefecture has begun a cull of 91,000 chickens after the discovery of a highly contagious form of bird flu on a farm.The confirmation of the outbreak, which was reported earlier in the week, marked the country’s first cases of bird flu in poultry this winter.
      • US

        The U.S. House of Representatives on Thursday passed a bill to renew the National Security Agency’s warrantless internet surveillance programme, overcoming objections from privacy advocates and confusion prompted by morning tweets from President Donald Trump that initially questioned the spying tool.

      • IRAN

        A stricken Iranian oil tanker drifted into Japan’s exclusive economic zone (EEZ) on Wednesday afternoon, a spokesman for Japan’s Coast Guard told Reuters on Friday, as strong winds pushed the burning ship away from the Chinese coast.
         

      • India’s retail inflation likely rose to a 17-month high in December, that could push the central bank to tighten monetary policy.