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Corrective Cycle

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Trend Signals Still Point North

US EURODLR FUTURES

BLOCK, Red Pack

PIPELINE

Corporate Debt Recap, World Bank Exp Wednesday

CHINA PRESS
CHINA PRESS: It is uncertain if PBOC will roll over maturing Medium-term Lending
Facilities (MLF) on Friday, as the PBOC can minimize the impact of maturing MLF
loans by using reverse repo; and it may instead conduct MLF with increased rates
after a very possible rate hike by the U.S. Fed on March 22, reported China
Securities Journal on Thursday. As the market generally expects PBOC to raise
its open market operations and MLF rates, the potential rate hike will not cause
much fluctuation in the financial system, the report said.