Global FX DATA:


        Asian shares nudged higher on Friday as moves by the United States and China to resolve a bitter trade dispute and a sharp interest rate hike in crisis-hit Turkey supported global risk appetite.

      • GOLD

        Gold prices edged higher on Friday as softer-than-expected U.S. consumer prices data dimmed the case for a faster pace of policy tightening by the Federal Reserve.
      • OIL

        Oil on Friday clawed back some of its losses from the previous session when prices fell the most in a month, although worries that emerging market crises and trade disputes could dent demand continued to drag.
      • DOLLAR

        The dollar dipped on Wednesday as Canada signalled it was ready to make a concession to the United States to resolve their talks over reworking the North American Free Trade Agreement, though lingering anxiety over U.S.-China trade tensions weighed.

        Cryptocurrencies rose on Friday morning in Asia, as initial coin offering projects sold three times more Ethereum in the past 10 days than in August.
      • INDIA

        The Indian rupee and bonds opened on a strong note on Friday, tracking a pull-back in crude oil prices overnight and receding trade tensions between the United States and China. rupee rose to as high as 71.65 to the dollar.

        North and South Korea opened a liaison office on the North’s side of their heavily militarised border, setting up a permanent channel of communication as part of a flurry of efforts to end their decades old rivalry.
      • US

        The U.S. State Department has approved possible military sales worth $2.6 billion to South Korea, including six P-8A Poseidon maritime reconnaissance aircraft and 64 Patriot anti-ballistic missile weapons.
      • CHINA

        China’s crude oil output rose in August for the first time in nearly three years, climbing after President Xi Jinping called for a boost to national energy security amid trade tensions with the United States.
      • PAKISTAN

        Pakistan’s chemicals-to-energy conglomerate Engro Corp has seen its fortunes rise on the back of massive Chinese investment, but plans to shape its future growth around the country’s vast population and expanding middle class.


        Venezuelan President Nicolas Maduro is travelling to China to discuss economic agreements, as the crisis-struck OPEC nation seeks to convince its key Asian financier to disburse fresh loans.


        Australian Prime Minister Scott Morrison’s own party defied his wishes by nominating a former diplomat instead of a female candidate to run in a crucial by-election for a seat that belonged to the man he deposed in a leadership coup.

      • JAPAN

        Japanese Prime Minister Shinzo Abe said the central bank’s ultra-easy policy should not continue forever, signaling his hope of laying the path toward an exit from a radical stimulus programme in coming years.