Global FX DATA:

• • • ASIAN MARKET
      
      Asian stocks stepped back from a record high on Wednesday as the region’s resource shares were hit by falling oil and commodity prices while digital currencies tumbled on worries about tighter regulations.
       
    • GOLD
      

      Gold prices edged up on Wednesday towards four-month highs hit early in the week, as the U.S. dollar slumped to three-year lows against a basket of currencies.

    • OIL
      
      Oil prices gave away earlier gains on Wednesday as analysts warned of a downward correction after prices have gained more than 13 percent over the past month.
       
    • ISRAEL
      
       Israeli Prime Minister Benjamin Netanyahu said on Tuesday he was discussing with India ways to strengthen security cooperation against the menace of Islamist extremism that both democracies faced.
       
    • CHINA
      
      China’s President Xi Jinping told U.S. President Donald Trump in a phone call that the hard-earned easing of tensions on the Korean peninsula must continue.
       
    • NORTH KOREA
      
      Twenty nations agreed on Tuesday to consider tougher sanctions to press North Korea to give up its nuclear weapons and U.S. Secretary of State Rex Tillerson warned Pyongyang it could trigger a military response if it did not chose negotiations.
       
    • HONGKONG
      
      Hong Kong democracy activist Joshua Wong, 21, was sentenced to a second jail term of three months on Wednesday for what a judge described as his “leading” role during some of the 2014 pro-democracy “Umbrella Movement” street demonstrations.

    • LONDON
      
      Prime Minister Theresa May’s Conservative Party urged MPs to back the government’s Brexit legislation at a vote in parliament later on Wednesday, warning opponents that trying to block the plan would bring chaos.

    • US
      
      House Republicans considered on Tuesday a stopgap bill to fund the U.S. government through Feb. 16 to avert a shutdown, but the measure would not include Democrats’ demands for protections for young people brought to the United States illegally as children.
       

    • INDIA
      
      India has cut its additional market borrowing requirement by more than half for the fiscal year ending in March to 200 billion rupees.

    • JAPAN
      
      The Japanese government called on public broadcaster NHK on Wednesday to make sure a false alarm warning of a North Korean missile launch will not be repeated, with tensions still high because of the North’s missile and nuclear programmes.