Global FX DATA:

• • • ASIAN MARKET
      
      Asian shares crept higher on Monday after a tame reading on U.S. wages lowered the risk of faster rate hikes by the Federal Reserve, although Sino-U.S. trade tensions and a looming deadline for the Iranian nuclear deal argued for caution.
       
    • GOLD
      
       Gold prices hit their highest in a week on Monday, buoyed as the dollar slipped after marking its strongest level this year in the previous session.
       
  • • OIL
      
      U.S. oil prices rose above $70 a barrel on Monday for the first time since November 2014 while Brent crude prices climbed to fresh highs, as a deepening economic crisis in Venezuela threatened the country’s already tumbling oil supplies.
       
    • INDIA
      
      India’s 10-year benchmark bond rallied early on Monday taking comfort from the central bank’s unexpected announcement last week about purchase of sovereign bonds via open market operation.
       
    • DOLLAR
      
      The dollar stayed near its 2018 peak on Monday after U.S. jobs and wages data did little to temper perceptions of strength in the U.S. economy, though renewed concerns about trade frictions could cloud its outlook.
       
    • CRYPTO CURRENCY
      
      Cryptocurrencies’ prices plunged on Monday, with Ripple and Ethereum falling more than 10% as Japan is reportedly set to introduce stricter rules for local cryptocurrency exchange platforms.

    • KABUL
      
      An explosion at a mosque used as a voter centre in the eastern Afghan province of Khost on Sunday killed at least 17 people and wounded 34, local officials said, in the latest attack on preparations for long-delayed parliamentary elections.

    • PAKISTAN
      
      Pakistani Interior Minister Ahsan Iqbal was wounded on Sunday in an apparent assassination attempt by a gunman linked to a new ultra-religious Muslim party - an incident likely to raise tensions before an election expected in late July.

    • AUSTRALIA
      
      Australian plumbing products supplier Reece Ltd said on Monday it would buy privately held Texas-based peer Morsco Inc for $1.44 billion including debt, in a push to gain access to the fast-growing markets of the southern United States.

    • CHINA
      
      China’s “huge” trade imbalance with the United States is a structural and long-term problem and should be viewed with rationality, the Chinese central bank governor was quoted as saying by financial magazine Caixin.

    • ENGLAND
      
      The Bank of England looks set to keep interest rates on ice this week, capping a sharp swing in the outlook for the British central bank, which might now struggle to convince investors that it will raise borrowing costs at all this year.

    • US
      
      The White House on Saturday sharply criticized China’s efforts to force foreign airlines to change how they refer to Taiwan, Hong Kong and Macau, labeling China’s latest effort to police language describing the politically sensitive territories as “Orwellian nonsense.”.