Global FX DATA:

• • • ASIAN MARKET
      
      Asian shares fell and copper prices eased on Tuesday after Washington announced new tariffs on Chinese imports, inflaming trade tensions between the world's two biggest economies.

    • GOLD
      
      Gold prices inched lower early on Tuesday, after rising 0.6 percent in the previous session, as the dollar rose after the United States imposed a new round of tariffs on Chinese imports, aggravating global trade worries.
       
  • • OIL
      
      Oil markets dropped on Tuesday as the latest escalation in the Sino-U.S. trade war clouded the outlook for demand, although concerns over tightening supply offered prices some support.
       
    • DOLLAR
      
      The dollar was slightly higher on Tuesday and China's yuan fell as global markets braced for Beijing's response to new U.S. tariffs on Chinese goods.
       
    • CRYPTOCURRENCY
      
      Bitcoin and other cryptocurrency prices fell on Tuesday, with Ethereum and Litecoin down more than 11%. Ripple hinted that its cryptocurrency product xRapid would go live “in the next month or so.”
         
    • INDIA
      
      The Indian rupee and bonds were higher tracking stable global markets even as the United States imposed new tariffs on Chinese goods.
       
    • RUSSIA
      
      Russia’s defence ministry said early that one if its military aircraft with 14 people on board disappeared from radar screens over Syria at the same time that Israeli and French forces were mounting aerial attacks on targets in Syria.

    • US
       

      The United State’s trade actions against China will not work as China has ample fiscal and monetary policy tools to cope with the impact.

    • CHINA
       

      China likely will not send a trade delegation to Washington after the Trump Administration announced plans to implement tariffs on $200 billion worth of Chinese goods, citing an unidentified government source in Beijing.

    • KOREA
      
      North Korean’s Kim Jong Un greeted Moon Jae-in with hugs and smiles as the South Korean president arrived in Pyongyang to discuss faltering talks on denuclearisation and the prospect of officially ending the Korean War.

    • UK
      
      British Prime Minister Theresa May urgently needs to develop an alternative approach to leaving the European Union in case her current negotiating strategy fails.

    • AUSTRALIA
      
      Australia trimmed its forecast for wool production by 6 percent as drought across the country’s east coast forces farmers to cull sheep despite record prices for their fleece.
       

    • JAPAN
      
      
      Japanese policymakers called for an early solution to the escalating U.S.-China trade war and warned of the potential damage to global growth in the wake of President Donald Trump’s decision to slap new tariffs on China.