Global FX DATA:

      • ASIAN MARKET

        Asian stocks retreated from record highs on Tuesday after a selloff in Apple shares knocked Wall Street lower, while the dollar found support as U.S. bond yields climbed to near four-year highs.
         
      • GOLD

        Gold fell for a second straight session on Tuesday as the dollar strengthened and U.S. bond yields rose, while traders awaited a U.S. Federal Reserve policy meeting for any indications on interest rate hikes this year.

      • OIL

        Oil prices fell on Tuesday for a second day as rising U.S. output and a strengthening dollar sapped demand for crude, pushing Brent below barrel.Brent crude futures, the global benchmark, declined 33 cents, a barrel. The contract for March delivery settled down .
         
      • CHINA

        China Eastern Airlines and Xiamen Airlines said on Tuesday they had cancelled 176 round-trip flights to Taiwan added to their schedules to meet demand over the Lunar New Year, amid a row between Beijing and Taiwan over flight routes.
         
      • DOLLAR

         The dollar traded above a recent three-year low against a basket of major currencies on Tuesday, having drawn some support from a rise in U.S. bond yields as traders awaited a U.S. Federal Reserve policy meeting for fresh catalysts.
         
      • CRYPTOCURRENCY

        Worries about a crackdown by global regulators on cryptocurrency trading could slow the pace of bitcoin’s rise but should not threaten its existence, At the North American Bitcoin Conference in Miami, investors and executives interviewed by Reuters were unfazed by government moves to further regulate cryptocurrencies, which have sent prices into a tailspin.
         
      • US

         The top U.S. communications regulator, wireless companies and some lawmakers oppose an idea by members of President Donald Trump’s national security team for the government to build a 5G wireless network to counter China spying on phone calls.
      • INDONESIA

        Fintech firms, offering loans of as little as a few hundred dollars, are seeing a spike in lending in Indonesia where tens of millions of people have little or no access to bank credit - helping alleviate a financing shortfall estimated at more than $73 billion.

      • UK

        British Prime Minister Theresa May promised to hold “frank discussions” with China during a crucial trade visit later this week, with several awkward diplomatic issues like North Korea and Brexit expected to be discussed.

      • JAPAN

        Labour demand in Japan rose in December to its highest in more than 40 years, which could help workers pressing for bigger pay increases at annual wage negotiations and push stubbornly slow consumer price growth towards policymakers’ inflation target.

      • MEXICO

        Mexican officials said on Sunday the government was set to unleash a new wave of troops to crack down on criminal groups in regions where a surge in violence led to more than 25,000 murders last year.

      • INDIA

        India on Monday forecast its economic growth would accelerate to 7 to 7.5 percent in the 2018/19 fiscal year, to once again become the world’s fastest-growing major economy.Prime Minister Narendra Modi’s nationalist government is gearing up for a general election in 2019, and speaking to reporters after the survey’s release, the finance ministry’s chief economic adviser alluded to political considerations for possibly letting the deficit target slip.