MBCC TH 9th Dec'24 - "With all the stop/starts in China, is this time really the one? Which Commodities see the magical trifecta match - macro/micro/physical markets?"

We know everyone is short China and PBOC announcement has caused a stir, yet again. Is this the same as before, fade the rally, or is it different this time. What do our macro models and most importantly physical flows tell us?