Chinese forex reserves has fallen for the first time in 3 months and reached multi-year low. Although the change is not big ( 3.19t $ vs. 3.22t $) previously it should be noted. There were some rumours that capital outflows started once again in China and the change in reserves is in line with them,
What does it mean for the markets? As for now it will be probably ignored, but in the longer term perspective it’s a worrying sign the shouldn’t be ignored.
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