Global FX DATA:

• • • ASIAN MARKET

      Asian shares appeared tentative on Friday, holding steady after a nine-day losing streak, but sentiment was frail after Wall Street shares crumbled and expectations of market volatility shot up to an eight-month high.
       
    • GOLD
      
      
      Gold edged down on Friday but held near an over two-month high hit in the previous session, when prices surged over 2 percent as a rout in global stock markets boosted the metal's safe-haven appeal.
       
  • • OIL
      
      
      Oil prices rose on Friday slightly reversing two days of declines in the previous sessions driven by sharp falls in equity markets and indications that supply concerns have been overblown, but were still on track for a weekly fall.
       
    • DOLLAR
      
       
      The U.S. dollar traded at its lowest level this month against its major peers on Friday as declining U.S. treasury yields and further losses on Wall Street soured sentiment.

    • CRYPTOCURRENCY
       

      Bitcoin and other major cryptocurrencies saw more losses on Friday morning in Asia, due to the recent slump in global equity markets thanks to the escalating trade war between the U.S. and China as well as central banks driving up interest rates.
       
    • SINGAPORE
      
      
      Singapore’s central bank on Friday tightened monetary policy for the second time this year, saying the city-state’s economy is likely to expand steadily barring a setback to global growth from trade frictions between the United States and China.
       
    • SOUTH KOREA
      
      
      South Korea’s unemployment rate fell in September, recovering from an eight-year high in August, as increased fiscal spending in the healthcare sector boosted jobs even as manufacturers and retailers shed workers.
       
    • INDIA
      
      
      The rupee opened stronger on Friday helped by a drop in global crude oil prices overnight and a recovery in the domestic share market.
       
    • INDONESIA
      
      Indonesian President Joko Widodo urged global central bankers and finance ministers on Friday to remain committed to cooperation and to “nudge their leaders in the right direction” to contain growing risks facing the world’s economy.
       
    • AUSTRALIA
      
      Australia and New Zealand Banking Group fired over 200 staff for wrongdoing, including senior executives, due in part to issues raised at a public inquiry into financial sector misconduct.
       
    • UK
      
      British and EU negotiators making headway on the Irish border hope for a Brexit deal breakthrough on Monday, though the British prime minister’s Northern Ireland ally has stoked uncertainty by warning it could vote against her.

    • CANADA
       

      Canada will impose new quotas and tariffs on imports of seven categories of steel, fresh measures to head off a potential rise in imports as overseas steelmakers shut out of the United States seek new customers.

    • CHINA
       

      China’s trade surplus with the United States surged to a record high of $34.13 billion in September, compared with $31.05 billion in August.

    • PHILIPPINES
      
      The Philippines’ ambassador to the United Nations was named the country’s new foreign secretary, the first of several cabinet changes expected ahead of mid-term elections next year.
       

    • JAPAN
      
      
      A senior International Monetary Fund official said it was “too early” to talk about normalising monetary policy in Japan, as it will take a long time to achieve the Bank of Japan’s 2 percent inflation target.