Be on the lookout for FX reserves data from China today

They've been getting smaller, thus becoming harder to spot

There is no scheduled time for the data release. The best estimate I have is for around 0400GMT, but I am not counting on that. Could be any time.

  • Data for February, expected is $3190bn
  • Prior was 3230.9bn

The recent history of falls month-to-month is around $100bn, and a fall of that sort of magnitude is not expected from today's release. So, continued capital flight, just not as much.