US 10-year yields above Chinese yield for first time in more than 10 years #China #bonds

Looks like Shanghai outbreak easing #covid19 #dkoeko

Cases ticking up in Beijing also now #covid19 #dkoeko #China

#CNY has potentially a lot further to go #FX #dkoeko

Beijing outbreak worsens. Mass testing has started. Question is if Beijing is heading for lockdown too and we'll see a 'Shanghai scenario' play out in China's capital? #China #dkoeko #covid19

Shanghai (and Jilin) outliers in terms of length/severity of covid outbreaks. App. 50 other outbreaks were under controll within 2-3 weeks and cases remained below 175 /day at peak. Will Shanghai remain outlier or will we see similar lockdowns again? #China #dkoeko #commodities

Update on latest global inflation trends and drivers: bit.ly/GloInflWatchJu… Easing pressure on goods #inflation. But labour markets much too tight and keeps upward pressure on wages and service inflation. Will the #Fed go 100bp? #dkoeko

Property stress in #China close to levels in autumn when Evergrande was in the headlines. Government likely to step in soon, I think, as risk is rising it spreads to social instability. Not what you want three months ahead of CPC Congress. #propertycrisis #dkoeko

I wrote a bit on the risk of war on Taiwan, see link here: bit.ly/Taiwanwarrisk . And conclusions below. #China #Taiwan #dkoeko

Part two of our research on the risk of a Taiwan war and implications. Here I look at implications bit.ly/Taiwanwarrisk2 . #China #dkoeko #coldwar

Looks like US unemployment to edge higher soon... #Fed #pivot #bonds

Quite strong inversion of US money market curve now pricing a lot of cuts down the line... seems bit premature given risks from a reflationary China in 2024 #US #Fed #China #inflation

The Fed cannot be happy with easier financial conditions and the prospect of China turning more inflationary in 2023...Any Fed pause on rate hikes next year could prove short-lived - or be postponed - if the Fed is to win the inflation fight #Fed #US #equities

Looks like China's rebound will be even more frontloaded. We have revised our GDP forecast this year to 5.5% from 4.6% and lifted expectation of near term rebound in China PMI's, see bit.ly/ChFrontLoaded #China #commodities #dkoeko

China profit growth to rebound strongly in coming quarters #China #equities #commodities #dkoeko

Caixin PMI dissapointed slightly today after the rebound in NBS PMI manufacturing yesterday. But Caixin order-inventory ratio points to rise in Feb #China #Commodities #equities