China is expected to release its September foreign exchange reserves data on October 7, with markets watching closely to see if the People’s Bank of China (PBOC) continues its gold buying streak for an 11th consecutive month.
In August, reserves increased from the previous month, helped by a weaker U.S. dollar and higher global asset prices. Investors are now focused on whether the central bank will further expand its gold holdings, a trend that has underlined Beijing’s push to diversify reserves from the dollar.
—
I have this data due at 0800 GMT / 0400 US Eastern Time. I’m not sure of this timing. I expect it a little earlier than 0800 GMT.
—
Earlier:
