|
"The entire essence of America is the hope to first make money, then make money with money, then make
lots of money with lots of money." - Paul Erdman
FOREX MARKET
The European currency began 2006 in force, as on Tuesday the EUR/USD was traded at 1.1909 the most,
during Asian session. However we look for a break of 1.1930 to take this pair into the bullish territory. The
pair still lacks a sense of direction and it could be influenced by any of the daily momentum indicators. The
calendar holds very interesting data today, starting off with German unemployment this morning and then US
Construction spending, ISM manufacturing and even more interesting the FOMC minutes. The market will
be focusing on the FOMC minutes to find signals on Feds future interest rates policy.
The Romanian currency ended the year firmer vs. the EUR, as the EUR/RON rate fell from 3.6940 to 3.6700,
due to substantial hard currency inflows. On January 3rd, the local forex market opened at 3.6830, then the
quotes for the EUR/RON decreased until 3.6640. By noon, the exchange rate stabilized in 3.6700 area,
however we expect that the RON will continue to enforce vs. the hard currencies in the next days.
MONEY MARKET
On January 3rd, the ON interest rates decreased slightly to 4-7% levels, as during the last NBR auction the
allotment percent stood at only 55%.
|
Domestic Markets Foreign Exchange Rates |
||||
|
NBR |
Daily Change |
Year to Date(%) |
Annualized |
|
|
EUR/RON |
3.6771 |
-0.0137 |
-7.29% |
-7.23% |
|
USD/RON |
3.1078 |
-0.0082 |
7.20% |
7.14% |
|
GBP/RON |
5.3563 |
-0.0043 |
-4.54% |
-4.50% |
|
CHF/RON |
2 3645 |
-0.0033 |
-8.01% |
-7.94% |
|
Interbank Market Interest Rates (%) |
||||
|
ON |
1M |
6M |
12M |
|
|
BUBID |
4.31% |
5.25% |
4.66% |
4.63% |
|
BUBOR |
7.06% |
7.51% |
7.31% |
7.28% |
|
LIBOR (EUR) |
2.36% |
2.40% |
2.64% |
2.85% |
|
LIBOR (USD) |
4.32% |
4.38% |
4.69% |
4.82% |
|
Romanian Equities |
||
|
Last |
Daily (%) |
|
|
BET |
6,701.42 |
1.75% |
|
BET-C |
3,961.46 |
1.29% |
|
BET-FI |
48,755.97 |
2.45% |
|
RASDAQC |
1,758.96 |
0.00% |
|
Romanian Bonds |
||||
|
Maturity |
Cupon |
Price |
Daily (%) |
Yield |
|
27-Jun-08 |
10.63% |
116.89 |
-0.20% |
3.36 |
|
02-Jul-10 |
5.75% |
108.72 |
-0.09% |
3.60 |
|
06-May-12 |
6.50% |
126.34 |
-0.17% |
3.74 |
|
22-Jun-15 |
4.125% |
98.63 |
-0.20% |
4.30 |
|
Romanian State Government Bonds and T-Bills |
||||
|
Latest issues |
Auction Date |
Issue Date |
Maturity Date |
Avg. Yield |
|
RO0510DBNI36 |
08 August 2005 |
10 August 2005 |
10 August 2010 |
7.48% |
|
RO0515DBN143 |
15 August 2005 |
17 August 2005 |
17 August 2015 |
7.49% |
|
RO0508DBN155 |
15 September 2005 |
19 September 2005 |
19 September 2008 |
7.60% |
|
RO0505CTN031 |
20 September 2005 |
22 September 2005 |
22 December 2005 |
5.33% |
|
International Equities |
||||
|
Last |
Daily Change |
Year Low |
Year High |
|
|
S&P500 |
1,248.29 |
-0.49% |
1,176.84 |
1,272.74 |
|
DJI |
10,717.50 |
-0.62% |
10,777.77 |
10,889.44 |
|
NASDAQ |
2,205.32 |
-0.58% |
2,186.74 |
2,273.37 |
|
XETRADAX |
5,449.98 |
-0.16% |
5,264.56 |
5,458.58 |
|
NIKKEI 225 |
16,111.43 |
0.00% |
10,835.41 |
16,344.20 |
|
International Market Exchange Rates |
||
|
CURRENCY |
Latest |
Daily Change |
|
EUR/USD |
1.1879 |
0.08% |
|
GBP/USD |
1.7272 |
0.01% |
|
USD/CHF |
1.3089 |
-0.15% |
|
USD/SEK |
7.9247 |
-0.08% |
|
USD/JPY |
117.28 |
-0.03% |
|
EUR/USD trading rate |
|||
|
Support |
Resistance |
||
|
Sup. 1 |
1.1820 |
Res. 1 |
1.1940 |
|
Sup. 2 |
1.1800 |
Res. 2 |
1.2000 |
|
Sup. 3 |
1.1770 |
Res. 3 |
1.2070 |
|
Sup. 4 |
1.1700 |
Res. 4 |
1.2100 |
|
Commodities |
||
|
Latest |
Daily (%) |
|
|
GOLD |
519.25 |
0.88% |
|
SILVER |
8.91 |
1.37% |
|
OIL (BRENT) |
58.69 |
1.35% |
|
Interest Rates for Time Deposits of Finansbank (Romania) SA |
|||||||
|
1WK |
1M |
3M |
6M |
9M |
12M |
Minimum Amount |
|
|
USD |
0.50% |
3.00% |
3.50% |
4.25% |
4.25% |
4.50% |
USD 1,000 |
|
EUR |
0.50% |
3.00% |
3.50% |
4.00% |
4.25% |
4.25% |
EUR 1,000 |
|
RON |
0.50% |
4.0% |
4.5% |
5.0% |
5.0% |
5.50% |
RON 2,000 |
Released by FINANSBANK Romania S.A., Splaiul Unirii no.12, Bl. B6 040034, Bucharest. For further information please contact Melania Hancila Treasury & Capital Markets Division, Phone 301 73 42, Fax 318 09 61.
Disclaimer: This report does not represent an investment advice and should not be construed as a recommendation to invest in any kind of investment vehicle. The information in the report is based on sources available to the public and believed to be reliable, and there is no claim that is accurate or complete. Thereafter this information can be changed without notice.
Publicat de FINANSBANK Romania S.A., Splaiul Unirii nr.12, Bl. B6 040034, Bucuresti. Pentru mai multe informatii si intrebari, va rugam contactati Departamentul Trezorerie si Piete de capital - Melania Hancila, Telefon: 301 73 42, Fax: 318 09 61.
Acest buletin are scop informativ si nu reprezinta un sfat sau recomandare de a investi in nici un tip de instrument. Informatiile care stau la baza acestui raport zilnic au o sursa publica, considerata sigura insa, nu sustinem ca este completa. Astfel ca informatiile publicate mai sus se pot schimba fara un anunt prealabil.