Global FX DATA:

• • • ASIAN MARKET

      Asian stocks rose modestly on Tuesday, gaining a firmer footing after a week of heavy losses, although increasing tensions between Saudi Arabia and the West have fanned geopolitical concerns and capped gains.
       
    • GOLD
      
      
      Gold prices held steady on Tuesday near last session's 2-1/2-month high as risk-averse investors sought refuge in the metal amid rising political tensions and economic uncertainty.
       
  • • OIL
      
      
      Oil prices rose on Tuesday on signs Iranian oil exports this month have fallen from September ahead of U.S. sanctions against Tehran that are set to start in November.
       
    • DOLLAR
      
       
      The U.S. dollar edged up on Tuesday after it was dented by weak U.S. retail sales data overnight, while New Zealand's currency gained on the back of stronger than expected inflation data.

    • CRYPTOCURRENCY
       

      Cryptocurrency prices surged on Tuesday, with XRP jumped more than 10% and other major virtual coins also rose more than 5%. Reports that Coinbase opened an office in Dublin received some focus.
       
    • ITALY
      
      
      The Italian cabinet signed off on an expansionary 2019 budget, boosting welfare spending, cutting the retirement age and hiking the deficit to set up a showdown with authorities in Brussels over compliance with EU rules.
       
    • KOREA
      
      
      The two Koreas agreed to begin reconnecting rail and road links, another step in an improving relationship in spite of U.S. concerns that the rapid North-South thaw could undermine efforts to press North Korea to give up its nuclear weapons.
       
    • SAUDI ARABIA
      
      
      Alphabet Inc’s Google became the latest company to drop out of a business conference in Saudi Arabia.
       
    • BRAZIL
      
      
      Brazil’s far-right presidential candidate Jair Bolsonaro maintained a wide lead over his leftist rival Fernando Haddad in the second election poll looking at voter intentions for the Oct. 28 run-off vote.
       
    • INDIA
      
      
      India’s oil demand is expected to rise by 5.8 million barrels per day by 2040, accounting for about 40 percent of the overall increase in global demand during the period.
    
    
    • MEXICO
      
       

      At his first meeting with foreign oil majors, Mexico’s leftist president-elect pushed the companies to prove themselves by quickly pumping oil from recent finds, but gave no sign of offering up new fields to reverse dwindling output.

    • CHINA
       

      China’s factory-gate inflation cooled for a third straight month in September amid ebbing domestic demand, pointing to more pressure on the world’s second biggest economy as it remains locked in an intensifying trade war with the United States.
       
    • AUSTRALIA
      
      Australian Prime Minister Scott Morrison, whose government faces a crucial by-election that could weaken its grip on power, Canberra was open to recognising Jerusalem as Israel’s capital and shifting its embassy there.

    • US
      
      A group of young Americans suing the federal government over lack of action to fight climate change can proceed with their lawsuit, but U.S. President Donald Trump cannot be named as a defendant.
       

    • JAPAN
      
      
      Japanese Finance Minister Taro Aso said that the U.S. government had not spoken to Tokyo about including provisions against currency manipulation in free trade talks.