Global FX DATA:

• • • ASIAN MARKET

      Asian stocks extended gains on Friday after Wall Street's S&P 500 set a new all-time high, while the dollar slipped on views that Beijing's and Washington's fresh exchange of tariffs may be less damaging than initially feared.
       
    • GOLD
      
      
      Gold prices edged up on Friday to a one-week high as the dollar weakened on receding fears of a full-blown Sino-U.S. trade war, keeping the yellow metal on track for its first weekly gain in four.
       
  • • OIL
      
      Oil prices dipped on Friday after falling in the previous session as U.S. President Donald Trump urged OPEC to lower crude prices ahead of its meeting in Algeria this weekend.
       
    • DOLLAR
      
      The dollar struggled near two-month lows, while the yen also sagged on Friday on reduced safe haven demand amid a switch in investors’ view that the Sino-U.S. trade conflict would be less damaging to global growth than initially feared.
       
    • CRYPTOCURRENCY
      
      XRP surged 30% on Friday on optimism that Ripple is likely to launch a service that would use the virtual coin in the next month or so and other crypto prices also gain. 
       
    • INDIA
      
      Shares of India’s Yes Bank Ltd plummeted and were on track for their worst day since market debut after the Reserve Bank of India curtailed Chief Executive Officer Rana Kapoor’s term until Jan. 31, 2019.
       
    • UK
      
      Britain’s anti-European Union UK Independence Party launched a set of populist policies hoping to revive their dwindling political influence and capitalise on outrage over the government’s handling of Brexit.

    • US
      
      U.S. President Donald Trump gave a full-throated endorsement to his embattled Supreme Court nominee Brett Kavanaugh on Thursday and tip-toed carefully around the sexual assault accusations that are facing him.

    • CHINA
       

      China’s most senior envoy arrived in the Dominican Republic to inaugurate a new embassy after the country cut ties with Taiwan, as the U.S. ambassador there urged countries to make diplomatic decisions based on long-term goals.

    • KOREA
      
      Job growth in South Korea will remain weak for the rest of this year as a boost in fiscal spending won’t be enough to quickly offset employment losses in service industries and the private sector.

    • CUBA
       

      Cuban President Miguel Diaz-Canel met U.S. Senate Foreign Relations Committee Chairman Bob Corker, who is on a trip to Havana to discuss tense bilateral relations and other “matters of common interest”.

    • AUSTRALIA
      
      Real estate investment trust Propertylink Group said that the Australian arm of real estate developer ESR Group had made a A$693.2 million ($504.9 million) takeover offer for the company.
       

    • JAPAN
      
      
      Japan’s annual core consumer inflation ticked up slightly in August but remained distant from the central bank’s 2 percent target, suggesting that monetary policy will stay ultra-loose for the time being.