China's central bank has hit pause on government bond purchases, a move that comes as long-term yields hit fresh lows amid expectations of more monetary policy easing.

China's central bank has suspended the purchase of treasury bonds in open markets after the country's long-term yields hit fresh lows in recent weeks on policy easing hopes.

The US dollar's share of global foreign exchange reserves has fallen to a 30-year low as central banks diversify into gold and other currencies.

Stock Market LIVE Updates | After a three-day rally, the markets paused on Friday, dropping more than half a percent.