Asian Stocks Slip as Oil Skids; China up Most Asian stock markets slipped on Monday after three consecutive weeks of gains as a retreat in oil prices made investors cautious, but losses were tempered by hopes that China may soon cut interest rates again as pressure on the yuan eases...

Crude Oil Falls for Second Day as U.S. Rig Count Rises Crude oil slid for a second session on Monday, falling further from last week's 2016 highs on concerns over a supply glut after the U.S rig count rose for the first time since December. U.S...

PBOC Warns About Rising Corporate Debt People's Bank of China (PBOC) Governor Zhou Xiaochuan fired a warning shot regarding the elephant in the room – corporate debt. "Lending as a share of GDP, especially corporate lending as a share of GDP, is too high," PBOC leader said...

Not since 1999 have China's companies had so much trouble getting customers to actually pay for what they've bought. It now takes about 83 days for the typical Chinese firm to collect cash for completed sales, almost twice as long as emerging-market peers...

German Yield Curve After the ECB – Goldman Sachs Huw Pill, Research Analyst at Goldman Sachs, suggests that the flattening of the German yield curve following the ECB’s announcement of additional asset purchases was modest...

AUD/USD Off Lows, but Stays Below 0.76 AUD/USD recovered from session lows, but remains on a back foot below 0.76 handle after China’s central bank fired a warning shot about corporate debt levels. USD remains under pressure Losses were capped at 0...

NZ Dollar Drops Against Majors The New Zealand dollar weakened against the other major currencies in the Asian session on Monday. The NZ dollar fell to 5-day lows of 1.6702 against the euro and 75.13 against the yen, from last week's closing quotes of 1.6567 and 75.71, respectively. Against the U...

Australian Dollar Falls Most Majors The Australian dollar weakened against most major currencies in the Asian session on Monday. The Australian dollar fell to a 6-day low of 84.22 against the yen, from Friday's closing value of 84.74. Against the euro and the U.S...

Russia: CBR Maintains its Cautious Stance – TDS Paul Fage, Senior Emerging Markets Strategist at TDS, notes that at its recent board meeting the CBR kept its Key Rate on hold at 11.0%. Key Quotes “This was in line with our and the consensus expectation...

NZD: Settled into a Trading Range - BNZ Jason Wong, Currency Strategist at BNZ, notes that after a sharp fall earlier in the year, the NZD has settled into a trading range...

New Zealand Net Migration Continues To Rise In February New Zealand's net migration increased further in February, driven by more arrivals from Australia, figures from Statistics New Zealand showed Monday. In the year to February 29, the country recorded a net migration of 67,400...

Yen Rises Against Majors The Japanese yen strengthened against the other major currencies in the Asian session on Monday. The yen rose to 125.43 against the euro and 160.65 against the pound, from last week's closing quotes of 125.65 and 161.47, respectively. Against the U.S...

NZD/USD: Three-Month Outlook - Westpac Imre Speizer, analyst at Westpac explained that the Federal Reserve downgraded its interest rate projections last week, hurting the US dollar and thus boosting NZD/USD and offered a three-month outlook. Key Quotes: "We expect NZD/USD to fall towards 0...

USD/JPY: Headed to 106.63 on Break of 111.00? USD/JPY has been a downside play in Tokyo below the half way point of the 111.0 handle and diverging away from the 20 1hr sma at 111.43 at the start of this week's session in Asia...

China A50 Futures Flat ahead of Shanghai China futures (A50 FTSE - benchmark for investors to access the China domestic market through A Shares – ) is trading flat following the positive close in Wall Street last Friday, and ahead of the Shanghai Composite, due to open at 1.30GMT...

USD/CNY Fix Model: Projection at 6.4810 - Nomura Nomura's model projects the PBOC fix to be higher by 182 pips from the previous fix (6.4810 from 6.4628) and higher by 83 pips from the previous spot USD/CNY official close 6.4727...

USD, JPY Net Longs Fall, GBP Shorts Cut - Nomura As Nomura notes, according to the IMM data for the week ended March 15, non-commercial accounts sold USD to the tune of -$1.7bn, bringing positioning in USD to $9.5bn...

We Can Now Reflect on the FOMC - ANZ Analysts at ANZ explained that with the benefit of a couple more days and the fact that markets have settled somewhat, it is little easier now to reflect on the Fed’s decision and surprise dovishness last week...

The difference between success and failure in Forex trading is very likely to depend upon which currency pairs you choose to trade each week, and not on the exact trading methods you might use to determine trade entries and exits...

Pivot Points Hourly Last Updated: Mar 21, 6:15 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.12689 1.12746 1.12771 1.12803 1.12828 1.1286 1.12917 USD/JPY 111.099 111.2 111.257 111.301 111.358 111.402 111.503 GBP/USD 1.44306 1.44398 1.44442 1.4449 1.44534 1.44582 1.44674 USD/CHF 0.96803 0.96852 0...