Global FX DATA:

      • ASIAN MARKET

        Asian stocks wobbled as simmering worries over the U.S.-China trade conflict offset positive leads from earnings-led gains on Wall Street.

      • GOLD

        Gold prices rose propped up by buying after a recent price slump, but a strong dollar and expectations of further interest rate hikes in the United States limited interest in the precious metal.
         
      • OIL

        Oil prices rose ahead of the introduction of U.S. sanctions against major crude exporter Iran.   
               
      • DOLLAR

        The pound stayed fragile after falling to an 11-month low against the dollar overnight on worries over a ‘hard’ Brexit from the European Union, while simmering U.S.-China trade tensions provided support to the greenback.
         
      • CRYPTO CURRENCY

        Cryptocurrencies prices fell on Tuesday, with Bitcoin falling below the $7,000 mark after surging more than 30% last month.
         
      • AUSTRALIA

        Australia granted the corporate watchdog invasive new power to position supervisors inside financial firms after a public inquiry exposed systemic wrongdoing at some of the country’s top institutions.
      • INDONESIA

        Indonesia plans to require all diesel fuel used in the country contain biodiesel starting next month to boost palm oil consumption, slash fuel imports, and narrow a yawning current account gap.

      • PHILIPPINES

        Philippine annual inflation accelerated in July and moved further away from the central bank’s comfort range, strengthening expectations for further policy tightening this week.

      • US

        The U.S. Justice Department wants to suspend its legal efforts to take possession of the superyacht Equanimity, impounded as part of a hunt for assets linked to the multi-billion dollar 1Malaysia Development Bhd (1MDB) scandal.

      • JAPAN

        Japanese workers' inflation-adjusted real wages rose in June at the fastest pace in more than 21 years, fueled by an increase in summer bonuses, government data showed, in an encouraging sign that consumer spending and inflation will pick up.

      • CHINA

        Chinese state media kept up their criticism of U.S. President Donald Trump’s trade policies, with a newspaper on Tuesday describing as “wishful thinking” Trump’s belief that a fall in Chinese stocks was a sign of his winning the trade war.

      • INDIA

        Harley-Davidson Inc is scouting for a partner with a manufacturing and distribution footprint to make lightweight motorcycles for use in India and other Asian markets.