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We identify three potential market scenarios that may come into play in the remainder of 2021.
The latest activity gauges from China look really good and appear more balanced, which should lay to rest remaining doubts about the post-pandemic recovery.
China’s activity gauges undershot expectations in January, but in our view, there are good reasons to believe that the weakness is temporary.
China’s activity gauges took a hit in January as rising cases of COVID-19 took a toll on domestic activity. However, authorities may have policy room to prop up the economy.
China’s activity gauges were softer than expected in December, suggesting that the post-pandemic overshoot might be over. Is there reason for concern?