Global FX DATA:

• • • ASIAN MARKET
      
      Asian equities plunged in morning trade on Friday while haven assets such as government bonds and the yen gained as investors rushed to safety after Trump launched the long-promised anti-China tariffs.
       
    • GOLD
      
       Gold prices rose early Friday on a faltering dollar and equities as investors scurried to safety after U.S. President Donald Trump moved towards long-promised anti-China tariffs, prompting a response from China amid fears of a global trade war.
       
  • • OIL
      
      Oil prices jumped more than 1 percent on Friday, pushed up by Saudi plans for OPEC and Russian led production curbs introduced in 2017 to be extended into 2019 in order to tighten the market.
       
    • INDIA
      
      Saudi Arabia opened its airspace for the first time to a commercial flight to Israel with the inauguration on Thursday of an Air India route between New Delhi and Tel Aviv.Air India 139 landed at Tel Aviv’s Ben Gurion Airport after a flight of over 7-1/2 hours, marking a diplomatic shift for Riyadh that Israel says was fueled by shared concern over Iranian influence in the region.
       
    • DOLLAR
      
       The dollar struggled against its peers after the Federal Reserve indicated it was more likely to raise interest rate three times in 2018 instead of the four that some currency bulls had hoped for.
       
    • VENEZUELA
      
      Venezuela’s President Nicolas Maduro ordered a re-denomination of the ailing bolivar currency on Thursday, by knocking three zeroes off amid hyperinflation and a crippling economic crisis.
       
    • US
      
      A $1.3 trillion bill to fund the U.S. government through Sept. 30 advanced in the U.S. Senate early on Friday, setting up an imminent vote on passage before the measure would go to President Donald Trump for signing into law.

    • CHINA
      
      China urged the United States on Friday to “pull back from the brink” as President Donald Trump’s plans for tariffs on up to $60 billion in Chinese goods brought the world’s two largest economies closer to a trade war.
       

    • JAPAN
      
      Japanese Finance Minister Taro Aso said on Friday that he would closely watch the United States’ move to impose tariffs on up to $60 billion of Chinese goods.
       

    • NORTH KOREA
      
       Voices of concern emerged in South Korea and elsewhere in Asia on Friday after U.S. President Donald Trump shook up his foreign policy team again, prompting worries over Trump’s pending summit with North Korean leader Kim Jong Un.