Global FX DATA:

• • • ASIAN MARKET
      
      Asian shares fell and the dollar turned higher on Tuesday as the trade dispute between the United States and China threatened to escalate this week, and as emergency austerity measures in Argentina underscored the turbulence gripping emerging markets.

    • GOLD
      
      Gold prices inched down on Tuesday as the dollar hit a one-week high on the back of intensifying global trade tensions and economic worries in emerging markets.
       
  • • OIL
      
      U.S. oil prices rose on Tuesday, breaking past $70 per barrel, after two Gulf of Mexico oil platforms were evacuated in preparation for a hurricane.
       
    • DOLLAR
      
      The dollar firmed on Tuesday as investors bid up safe haven assets amid tensions around global trade and strains in emerging market currencies, while the Australian dollar pared losses after Australia's central bank kept interest rates on hold.
       
    • CRYPTOCURRENCY
      
      Cryptocurrency prices were mixed on Tuesday as China has reportedly stepped up their effort on domestic crypto activities.
         
    • UAE
      
      Expansion of the United Arab Emirates’ non-oil private sector slowed to a five-month low in August as total employment shrank for the first time on record.
       
    • FRANCE
      
      France’s Societe Generale expects penalties relating to its dispute with U.S. authorities over international sanctions violations to be close to 1.2 billion euros ($1.4 billion) which would almost entirely be covered by provisions.

    • UK
      
      There is a one chance in four that Britain will leave the European Union in March without a deal, while the Bank of England will wait until after Brexit before raising borrowing costs again.

    • US
       

      U.S. President Donald Trump launched a fresh attack on Attorney General Jeff Sessions, accusing him of jeopardizing the chances of re-election for two Republican congressmen by bringing criminal charges against them just before the midterm elections.

    • CHINA
      
      China’s stock markets extended losses, with investors concerned over slowing growth at home and the U.S. set to impose fresh tariffs on $200 billion worth of Chinese imports as early as this week.

    • CONGO
      
      Democratic Republic of Congo’s top court definitively excluded opposition leader Jean-Pierre Bemba from December’s presidential election because of a witness tampering conviction at the International Criminal Court.

    • AUSTRALIA
      
      Australian markets operator ASX Ltd said it has delayed its switchover to blockchain technology by six months to devote more time for user development and testing.

    • INDIA
      
      Indian airlines are expected to post combined losses of up to $1.9 billion this financial year led by full-service carriers like Air India and Jet Airways driven by rising costs and low air fares.

    
    
    • JAPAN
      
      Japanese Finance Minister Taro Aso said initial budget requests for fiscal 2019 would likely reach a record high around 102 trillion yen ($918 billion), given an aging population and defense challenges from China and North Korea.