Global FX DATA:

• • • ASIAN MARKET
      
      Stocks across Asia advanced as China’s efforts to stop sharp declines in its currency and capital flight supported wider sentiment in the region, although the escalating Sino-U.S. trade conflict has capped gains.

    • GOLD
      
      Gold prices held onto the last session's gains early, extending a rally from a 17-month low, as the U.S. dollar traded largely steady.
       
  • • OIL
      
      Oil prices rose after Saudi crude production registered a surprising dip in July and as American shale drilling appeared to plateau.     
             
    • DOLLAR
      
      The dollar remained steady against a basket of its peers after the U.S. job data reinforced investors’ expectations the Federal Reserve will gradually raise interest rates this year.
       
    • CRYPTO CURRENCY
      
      Cryptocurrencies prices advanced, with Bitcoin and Ethereum gaining more than 1%. Starbucks denied earlier reports that it would be accepting Bitcoin as payment.
       
    • MEXICO
      
      Negotiators for Mexico and the United States have reached agreement on about 20 topics during talks to revamp NAFTA, Mexico’s economy minister, although he conceded that some of the thorniest issues remained unresolved.

    • SAUDI ARABIA
      
      Saudi Arabia will suspend new trade and investment with Canada after that country’s foreign ministry urged Riyadh to release arrested civil rights activists.

    • IRAN
      
      Iran will ease foreign exchange rules, in a bid to halt a collapse of the rial currency that has lost half its value since April due to fears about U.S. sanctions likely to be imposed this week.

    • US
      
      U.S. President Donald Trump claims that his tariffs on trade are “working big time”, but this ignores signs that the best hope the United States had for boosting exports to China is being crushed as Beijing clamps down on energy imports.

    • NEW ZEALAND
      
      New Zealand’s central bank looks set to keep rates on hold at a record low at its policy review, with economists expecting it to adopt a more dovish tone on emerging risks to economic growth.

    • CHINA
      
      Chinese state media lashed out at U.S. President Donald Trump’s trade policies in an unusually personal attack, even as they sought to reassure investors about the health of China’s economy as growth concerns roiled its financial markets.

    • NORTH KOREA
      
      North Korean state media called for the United States to drop sanctions, saying Pyongyang had demonstrated good faith by ending its nuclear weapons testing and handing over the remains of U.S. troops killed in the Korean War.

    • INDIA
      
      Foreign payment firms could keep copies of customer data in India while retaining offshore storage operations, the government said, as a way to resolve a row with MasterCard, Visa and American Express over the localisation of such information.