FINANS DAILY
"There is no such thing as a paper loss. A paper loss is a real loss." - Jim Rogers, former partner of Soros in the
Quantum Fund
FOREX MARKET
The Euro opened yesterday at RON 3.6300 and in the first trading hour sellers took the pair to 3.6100, the day low.
Afterwards, the European currency was constantly bought to 3.6450, the highest, just around noon. In the second part of the
trading session, sellers took over and brought the pair to 3.6130.
Today the market opened at 3.6150 and slid in the first trading hour to 3.6080. The day high for now is 3.6160.
The current move down from 3.6500 comes in line with retracements in neighboring emerging markets. The focus today is
however on home events, specifically on the National Bank
Yesterday in early European morning, the EUR/USD has increased from 1.25 to 1.2584. In US trade the move continued to
1.2603 the highest. The main reason behind the Euro's rise is the increased possibility that the European Central Bank will be
hawkish on interest rates in the near future. The sentiment has helped the Euro to strengthen across the board versus most
major currencies, notably the Dollar and the Yen.
Today the pair has moved between 12620 and 1.2580. We should see increased volatility following the release of the German
IFO index and, in the afternoon, the release of the US Consumer Confidence data.
MONEY MARKET
Over-nigh interest rates on the money market stand at the same 8/9 average. Yesterday the NBR has organized its weekly depo
auction. As a result RON 2.4 billion were attracted for a 1-month maturity at an 8.5% fixed rate.
|
Domestic Markets Foreign Exchange Rates |
||||
|
NBR |
Daily Change |
Year to Date(%) |
Annualized |
|
|
EUR/RON |
3.6382 |
0.0299 |
-1.43% |
-0.96% |
|
USD/RON |
2.8986 |
0.0227 |
-6.98% |
-4.75% |
|
GBP/RON |
5.2770 |
0.0328 |
-1.56% |
-1.05% |
|
CHF/RON |
2.3267 |
0.0195 |
-5.23% |
-3.55% |
|
Interbank Market Interest Rates (%) |
||||
|
ON |
1M |
6M |
12M |
|
|
BUBID |
8.15% |
7.93% |
7.42% |
7.08% |
|
BUBOR |
9.13% |
8.94% |
8.80% |
8.72% |
|
LIBOR (EUR) |
2.84% |
2.88% |
3.19% |
3.46% |
|
LIBOR (USD) |
5.07% |
5.34% |
5.61% |
5.75% |
|
Romanian Equities |
||
|
Last |
Daily (%) |
|
|
BET |
6,552.03 |
-2.00% |
|
BET-C |
3,963.14 |
-1.78% |
|
BET-FI |
33,733.03 |
-2.32% |
|
RASDAQC |
1,761.79 |
-0.22% |
|
Romanian Eurobonds |
||||
|
Maturity |
Cupon |
Price |
Daily (%) |
Yield |
|
27-Jun-08 |
10.63% |
112.08 |
-0.04% |
4.18 |
|
02-Jul-10 |
5.75% |
104.68 |
0.04% |
4.44 |
|
06-May-12 |
6.50% |
119.91 |
-0.12% |
4.54 |
|
22-Jun-15 |
4.125% |
91.52 |
-0.85% |
5.33 |
|
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% |
International Equities |
||||
|
Last |
Daily Change |
Year Low |
Year High |
|
|
S&P500 |
1,250.56 |
0.49% |
1,220.65 |
1,325.76 |
|
DJI |
11,045.28 |
0.51% |
10,989.09 |
11,079.46 |
|
NASDAQ |
2,133.67 |
0.58% |
2,072.47 |
2,238.52 |
|
XETRADAX |
5,514.63 |
-0.27% |
5,292.14 |
6,140.72 |
|
NIKKEI 225 |
15,171.81 |
0.13% |
14,036.73 |
17,563.37 |
|
International Market Exchange Rates |
||
|
CURRENCY |
Latest |
Daily Change |
|
EUR/USD |
1.2595 |
0.70% |
|
GBP/USD |
1.8236 |
0.31% |
|
USD/CHF |
1.2416 |
-0.54% |
|
USD/SEK |
7.3131 |
-0.66% |
|
USD/JPY |
0.00 |
#DIV/0! |
|
EUR/USD trading rate |
|||
|
Support |
Resistance |
||
|
Sup. 1 |
1.2480 |
Res. 1 |
1.2620 |
|
Sup. 2 |
1.2430 |
Res. 2 |
1.2680 |
|
Sup. 3 |
1.2400 |
Res. 3 |
1.2700 |
|
Sup. 4 |
1.2320 |
Res. 4 |
1.2750 |
|
Commodities |
||
|
Latest |
Daily ( %) |
|
|
GOLD |
589.75 |
0.93% |
|
SILVER |
10.31 |
0.10% |
|
OIL (BRENT) |
70.34 |
0.06% |
|
Interest Rates for Time Deposits of Finansbank (Romania) SA |
|||||||
|
1WK |
1M |
3M |
6M |
9M |
12M |
Minimum Amount |
|
|
USD |
0.50% |
3.00% |
3.75% |
4.25% |
4.25% |
4.50% |
USD 1,000 |
|
EUR |
0.50% |
3.25% |
3.75% |
4.25% |
4.50% |
4.50% |
EUR 1,000 |
|
RON |
2.00% |
6.5% |
7.5% |
7.5% |
7.75% |
8.00% |
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.