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ChartBrief #45 Property prices in China
As we gear up for China's Q4 data dump on Friday here's a look at a few charts on China's property market, updated with the latest data...
Callum Thomas
Jan 18, 20173 min read


ChartBrief #38 China Inflation - the Big Picture, the Big Beneficiary, and the Big Surprise
China just released its December inflation numbers: Consumer Price Index (CPI) 2.1% vs 2.2% expected and 2.3% previous, Producer Price...
Callum Thomas
Jan 10, 20172 min read


Top of the Charts - China 2016
Well it's the end of what has been a very interesting year. In Chinese culture 2016 was the Year of the Monkey, which interestingly...
Callum Thomas
Dec 29, 20163 min read


ChartBrief #35 China Inflation Numbers
China's November inflation figures were just out, CPI (consumer) inflation was 2.3% y/y vs 2.2% expected, 2.1% previous, and PPI...
Callum Thomas
Dec 9, 20161 min read
Weekly Macro Themes - 2 December 2016
Here's an overview of the topics and charts covered in the latest Weekly Macro Themes. 1. Global Trackers - the Leader and the Follower:...
Callum Thomas
Dec 2, 20161 min read


Tuesday Technicals - 15 November 2016
Here's the regular 5 macro technical charts (going as far as individual commodities, currencies, bonds, and sectors, as well as the rest...
Callum Thomas
Nov 15, 20162 min read


ChartBrief #29 China Macro Improving
The October official manufacturing PMI for China rose +0.8pts to 51.2, a 2 year high. The Markit/Caxin manufacturing PMI also rose to...
Callum Thomas
Nov 4, 20161 min read


ChartBrief #28 Global Flash PMI
The October round of flash manufacturing PMIs have just been released, and they were all stronger than last month and stronger than...
Callum Thomas
Oct 25, 20162 min read


ChartBrief #23 China PPI Inflation
That's right, you didn't misread the title, China is now experiencing (Producer Price Index) PPI *inflation* after going through over 4...
Callum Thomas
Oct 15, 20162 min read


ChartBrief #14 China Official PMI
China's official (NBS or National Bureau of Statistics) PMIs for September were more or less in line with expectations and remained in...
Callum Thomas
Oct 1, 20161 min read


ChartBrief #12 Chinese Consumer
The Westpac/MNI Consumer Sentiment survey for September (just released) rose 3.7pts to 115.2. This is a volatile series that changes a...
Callum Thomas
Sep 28, 20162 min read


ChartBrief #9 China Business Surveys
While China no longer has a flash manufacturing PMI (like Japan/US/Eurozone) what it does have is the MNI China Business Sentiment...
Callum Thomas
Sep 23, 20162 min read


ChartBrief #6 CNY VS JPY REER
This ChartBrief looks at the REER (Real Effective Exchange Rate - from the BIS) for China and Japan. You probably have two questions; why...
Callum Thomas
Sep 22, 20161 min read


September SMI suggests slowing sales
One of the first surveys for September, the SMI (Sales Managers Index - kind of like the more popular PMI or Purchasing Managers Index),...
Callum Thomas
Sep 21, 20163 min read


China property price bubble and the end of Chinese deflation
Two very interesting trends have emerged in China recently; 1. the re-ignition of the Chinese property bubble; and 2. the seemingly...
Callum Thomas
Sep 19, 20162 min read


8 Charts on China's stimulus driven rebound
China's economy has been through a period of structural slowing, which up until early this year was accentuated by cyclical slowing. A...
Callum Thomas
Sep 14, 20163 min read


Why China's PPI deflation matters
China reported PPI deflation at a much slower pace of -0.8% y/y in August, once again better than expectations, and better than the July...
Callum Thomas
Sep 10, 20162 min read
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