Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes 
Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism 
BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization 
U.S. Stock Futures Slip After CPI-Fueled Rally as Markets Weigh Economic Uncertainty 
BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited 
Austan Goolsbee Signals Potential for More Fed Rate Cuts as Inflation Shows Improvement 
U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness 
Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns 
Trump Defends Economic Record in North Carolina as Midterm Election Pressure Mounts 
Japan Exports to U.S. Rebound in November as Tariff Impact Eases, Boosting BOJ Rate Hike Expectations 
The ongoing trade tensions between the United States and China is not bearing well for the U.S. oil companies, which initially witnessed a surge in oil imports from China as the Chinese government worked to please the U.S. President Donald Trump by increasing imports of oil and products in order to reduce the trade deficit.
However, according to data from JODI, after receiving more than 15 million barrels of oil from the United States in June period and receiving 12 million barrels of crude oil in July, Chinese imports of U.S. crude has come to a grinding halt in August for the first time in two years.
This year, the United States and China have imposed tariffs on $360 billion worth of bilateral trade already and the trade tensions are still brewing.
