The China reopening effect that’s been highly anticipated — and at times, perhaps dangerously so — around the world is starting to emerge. Some promising readings in the forward-looking purchasing managers’ indexes show that factory managers are seeing a healthy flow of orders ahead, and putting the quirks of the Lunar New Year season behind them. All four sentiment gauges on the Bloomberg Trade Tracker improved in February, including a remarkable surge in China’s new exports measure into above-average territory. That means five of 10 measures on the dashboard were in normal territory as of early March, with the other half in below-normal range against long-run averages. That’s much brighter than the landscape at the start of the year, when all but one gauge was underperforming. A weaker infection wave upon reopening, which is said to have even surprised Chinese officials, has helped make way for greater demand from the world’s No. 2 economy. And it’s a relief for critical ports worldwide, which are seeing some easing of supply-chain stresses and preparing for at least a small jolt in demand in the months to come. NN: Their is NO global slow down. Now for now. Which means all is well on our Binary oil trade. Global supplies will not meet 3rd and 4th quarter demand. Time to get your money chute ready to fill your money bags!