Weekend data from China - foreign exchange reserves fell more than expected in September

SAFE data released over the weekend showed China's FX reserves fell $US14.8 billion in September to $3.092 trillion

• the State Administration of Foreign Exchange (SAFE) cited yuan rate movements along with price of assets

Eyes are on the trade talks coming up this week, the scope for a deal is being slimmed down:

• More on China said to be offering less to US in this week's forthcoming trade talks

AUD/JPY suffering on that news. although recovering somewhat since.