Great stuff. Found your substack after your great podcast interview today on the Macro Trading Floor. I think whether China is reopening or not is THE factor to watch in real time to determine if the global economy will dodge the recession bullet. The White Paper protests have increased the likelihood of earlier opening.
I have been looking for leading indicators that would help us determine if they are reopening and this blog gives several good suggestions.
We're using the import prices from Qinhuangdao (COASQI55 Index), but the Dalian coking coal futures is also a legit source, though one that's a bit more bearish.
Great stuff. Found your substack after your great podcast interview today on the Macro Trading Floor. I think whether China is reopening or not is THE factor to watch in real time to determine if the global economy will dodge the recession bullet. The White Paper protests have increased the likelihood of earlier opening.
I have been looking for leading indicators that would help us determine if they are reopening and this blog gives several good suggestions.
Hi Alexander, just a quick question, those data in the chart are they available on Bloomberg? Or they are derived data that is prop to you.
I see coking coal CKCA on BG the price is very different from what you have.
Fair Question!
We're using the import prices from Qinhuangdao (COASQI55 Index), but the Dalian coking coal futures is also a legit source, though one that's a bit more bearish.
Thank you! Must have missed the notification, very much appreciate it.