Global FX DATA:

• • • ASIAN MARKET

      Asian shares slipped on Monday as worries over Sino-U.S. trade disputes, a possible slowdown in the Chinese economy and higher U.S. borrowing costs tempered optimism despite a rebound in global equities late last week.
       
    • GOLD
      
      
      Gold prices rose early on Monday as Asian stocks eased due to concerns about a potential decline in China's economic growth amid an ongoing trade war and signs of tighter monetary policy by the U.S. Federal Reserve.
       
  • • OIL
      
      
      Crude oil futures rose sharply on Monday as geopolitical tensions over the disappearance of a prominent Saudi journalist stoked worries about supply, although concerns about the long-term outlook for demand dragged on prices.
       
    • DOLLAR
      
      
      The dollar firmed against the pound and euro on Monday as British efforts to secure a Brexit deal ahead of a key European Union summit kept global investors' preference to safe haven currencies.

    • CRYPTOCURRENCY
       

      Cryptocurrency prices fell on Monday, with Ethereum down more than 3%. Reports that China’s central bank is hiring cryptographers and blockchain engineers received some attention.
       
    • ITALY
      
      
      The Italian cabinet is due to meet to approve a 2019 budget which envisages a jump in the deficit that has upset financial markets and drawn criticism from the European Commission and other international bodies.
       
    • KOREA
      
      
      North and South Korea met to discuss the next steps in their pact to renew economic cooperation, with the North saying it wanted a “substantive outcome” from the talks, against the backdrop of U.S. concerns over their haste to warm ties.
       
    • SAUDI ARABIA
      
      
      Saudi Arabia warned against threats to punish it over last week’s disappearance of journalist Jamal Khashoggi, as European leaders piled on pressure and two more U.S. executives scrapped plans to attend a Saudi investor conference.
       
    • BERLIN
      
      
      Chancellor Angela Merkel’s Bavarian allies suffered their worst election result since 1950, bleeding votes to the far-right and the ecologist Greens in a setback that raised tensions within Germany’s crisis-prone national government.
       
    • AUSTRALIA
      
      Australia’s new prime minister extended his party’s nascent recovery, six days before a crucial by-election, but the main Labor opposition still holds a landslide-sized lead before elections due by May.
       
    • UK
      
      
      The stubborn problem of Britain’s land border with Ireland thwarted a drive to clinch a Brexit deal before a European Union summit this week, as negotiators admitted defeat after marathon talks and pressed pause for the coming days.

    • CHINA
       

      China will impose anti-dumping tariffs on imports of hydroiodic acid from the United States and Japan.

    • US
      
      Sears Holdings Corp filed for Chapter 11 bankruptcy, throwing into doubt the future of the century-old retailer that once dominated U.S. malls but has withered in the age of internet shopping.
       

    • JAPAN
      
      
      Confidence among Japanese manufacturers rose in October from September and is expected to remain flat over the coming three months, suggesting caution over the effect of global trade frictions on the economic outlook.