Is China actually rebounding here? Oceanian central banks remain skeptical, while certain cyclical markets are starting to discount a slightly less abysmal Chinese scenario.

Is China actually rebounding here? Oceanian central banks remain skeptical, while certain cyclical markets are starting to discount a slightly less abysmal Chinese scenario.
Will the cyclical upswing be confirmed in European PMIs and German IFO numbers? Markets clearly lean that way, while bets are being removed on a more hawkish BoJ.