Global FX DATA:

• • • ASIAN MARKET
      
      Asian stocks dropped for the third consecutive session on Monday, hit by worries over further escalation of the U.S-China trade war and unstable emerging market currencies.

    • GOLD
      
      Gold fell on Monday, with prices dropping below the $1,200 technical level, as the dollar strengthened on worries over the potential for more tariffs between the United States and China as part of their trade war.
       
  • • OIL
      
      Oil prices fell on Monday amid rising supply from OPEC and the United States, outweighing concerns that falling Iranian output will tighten markets once U.S. sanctions bite from November.
       
    • DOLLAR
      
      The dollar held firm on Monday, benefiting from its status as a safe haven as investors took the impasse in U.S.-Canada trade negotiations as a bad sign for the even trickier talks between the United States and China.
         
    • IRAQ
      
      Rival Iraqi political factions said on Sunday they had each formed alliances capable of forming a government in the new parliament after months of political uncertainty following a May election.
       
    • IRAN
      
      Brent crude oil prices dipped on Monday amid rising supply from OPEC and the United States, although expectations of falling Iranian output once U.S. sanctions bite from November provided some support.

    • UK
      
      Britain’s exit from the European Union could tip public opinion in Scotland in favour of seeking independence.

    • US
       

      U.S. railroad operator Kansas City Southern could see shares rise as much as 20 percent thanks to a boost from a recent trade agreement between the United States and Mexico and its potential to be an acquisition target.

    • CHINA
      
      China’s manufacturing activity grew at the slowest pace in more than a year in August, with export orders shrinking for a fifth month and employers cutting more staff.

    • AUSTRALIA
      
      Australian retail sales fizzled out in July while nationwide home prices fell again in August and a measure of job advertisement eased, suggesting a further dent in consumer confidence and spending.

    • INDIA
      
      Growth in India’s manufacturing sector unexpectedly slowed in August as domestic demand softened.

    
    
    • JAPAN
      
      Japanese corporate capital expenditure jumped in April-June by its most since 2006, raising hopes for sustainable economic recovery led by the private sector, although global trade tensions cloud the outlook for an export-reliant economy.