Global FX DATA:

• • • ASIAN MARKET
      
      Asian shares slipped on Tuesday amid escalating trade tensions and worries over the fading outlook for global tech giants, but investors held their nerves to focus instead on prospects for stronger world growth.
       
    • GOLD
      
      Gold prices eased on Tuesday after gaining more than 1 percent in the previous session, even as a sell-off in global equities amid concerns over a trade war between China and the United States continued to support the safe-haven metal.
       
  • • OIL
      
      Oil prices inched up on Tuesday as rising Russian output and expectations of a reduction in Saudi Arabian crude prices were offset by a potential slowdown in U.S. production.
       
    • INDIA
      
      A massive $32 billion bailout package for India’s dominant state-run banks will not happen again and lenders will have to find their own funding by selling non-core assets and merging with each other, a senior government official said on Monday.
       
    • DOLLAR
      
      The safe haven Japanese yen sagged, as optimism that the United States and China could begin negotiations on trade helped ease concerns about a trade war, bolstering demand for riskier assets.
       
    • CRYPTO CURRENCY
      
      Cryptocurrency prices were mixed with Litecoin extending its losses from Tuesday as its payment processor LitePay abruptly shut down just one month after its launch.
       
    • AUSTRALIA
      
      Australia’s central bank left interest rates at record lows on Tuesday, the longest stretch without a change in almost three decades, and looked set to extend this period of “masterful inaction” for some time yet.

    • NEW YORK
      
      The New York Federal Reserve on Tuesday will begin to publish the Secured Overnight Financing Rate (SOFR), a rate that regulators hope will eventually be adopted to back U.S. dollar-based derivatives and loans. The aim is that the new rate will eventually reduce markets’ dependence on Libor.

    • CHINA
      
      China’s ambassador to the United States said Beijing will take counter-measures of the “same proportion” and scale if Washington imposes more tariffs on Chinese goods from a trade probe
       

    • INDONESIA
      
      Rights activists called on Tuesday for Indonesia’s Aceh province to release four people detained on suspicion of having homosexual sex, amid concerns over the persecution of the LGBT community in the world’s third-largest democracy.
       

    • JAPAN
      
      Bank of Japan Governor Haruhiko Kuroda said on Tuesday it was premature to debate when and how the central bank should slow its purchases of exchange-traded funds (ETFs).

    • THAILAND
      
      Thailand has made one of its largest crystal methamphetamine busts, seizing 700 million baht ($22.42 million) worth of the drug, police said on Tuesday, as the United Nations warned Southeast Asia was being flooded with illegal drugs from the “Golden Triangle” region.