FINANS DAILY
"A company that descends into loss making often succeeds in making a comeback. One which runs out of cash (and
friends) rarely has a second chance." - Alan Sugden, "Interpreting Company Reports & Accounts'
FOREX MARKET
EUR/RON's retracement of the move from 3.64 to 3.54 has continued yesterday. The pair opened at 3.5750 and was bought
beyond 3.60, to 3.6060 the most. In the last trading hours, selling orders have also appeared and the Euro moved back to
3.5880. The rise has not been correlated with moves on other emerging markets, as many of those currencies have even
appreciated yesterday.
Today the Leu has gained back some of the ground lost yesterday, with the EUR/RON opening at 3.5850 and being sold to
3.5720 in the first trading hour. Currently the pair is bided at 3.5800.
Yesterday morning the EUR/USD was trading in the 1.2720-1.2740 range, waiting for the interest rate outlook from the ECB's
Governor. The comments came and were more hawkish than expected, pointing to increasing price pressures in the Euro zone
and taking the Euro to a high of 1.2780.
The pair has continued to be supported until today and currently the Euro is being traded between USD 1.2770 and 1.2780.
Today we expect increased volatility in the after-noon, following the release of the US Unemployment and Non-farm Payrolls
figures, which, if below forecasts, can boost the Euro higher than 1.2840.
MONEY MARKET
O/N's continue to slowly descend, with average quotations of 8/8.7%, down from 8/8.75 yesterday. The number of bids below
8% has increased, but we should see a stabilization Monday, due to NBR's depo auction.
|
Domestic Markets Foreign Exchange Rates |
||||
|
NBR |
Daily Change |
Year to Date(%) |
Annualized |
|
|
EUR/RON |
3.5989 |
0.0197 |
-2.49% |
-1.65% |
|
USD/RON |
2.8261 |
0.0220 |
-9.30% |
-6.24% |
|
GBP/RON |
5.1876 |
0.0165 |
-3.23% |
-2.14% |
|
CHF/RON |
2.2935 |
0.0083 |
-5.23% |
-3.49% |
|
Interbank Market Interest Rates (%) |
||||
|
ON |
1M |
6M |
12M |
|
|
BUBID |
8.10% |
8.20% |
7.83% |
7.55% |
|
BUBOR |
8.80% |
8.89% |
8.99% |
8.92% |
|
LIBOR (EUR) |
2.81% |
2.89% |
3.25% |
3.54% |
|
LIBOR (USD) |
5.29% |
5.34% |
5.62% |
5.74% |
|
Romanian Equities |
||
|
Last |
Daily (%) |
|
|
BET |
7,401.20 |
1.58% |
|
BET-C |
4,375.91 |
1.24% |
|
BET-FI |
40,295.39 |
1.45% |
|
RASDAQC |
1,710.74 |
-0.03% |
|
Romanian Eurobonds |
||||
|
Maturity |
Cupon |
Price |
Daily (%) |
Yield |
|
27-Jun-08 |
10.63% |
111.64 |
-0.05% |
4.29 |
|
02-Jul-10 |
5.75% |
104.30 |
-0.21% |
4.54 |
|
06-May-12 |
6.50% |
119.54 |
-0.08% |
4.59 |
|
22-Jun-15 |
4.125% |
91.67 |
0.02% |
5.31 |
|
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 |
1,274.08 |
0.25% |
1,223.69 |
1,325.76 |
|
DJI |
11,225.30 |
0.66% |
11,151.82 |
11,228.02 |
|
NASDAQ |
2,155.09 |
0.08% |
2,072.47 |
2,219.86 |
|
XETRADAX |
5,695.47 |
1.24% |
5,376.01 |
6,140.72 |
|
NIKKEI 225 |
15,307.61 |
-0.09% |
14,218.60 |
17,563.37 |
|
International Market Exchange Rates |
||
|
CURRENCY |
Latest |
Daily Change |
|
EUR/USD |
1.2775 |
0.29% |
|
GBP/USD |
1.8366 |
0.00% |
|
USD/CHF |
1.2290 |
-0.14% |
|
USD/SEK |
7.1705 |
-0.53% |
|
USD/JPY |
115.14 |
-0.24% |
|
EUR/USD trading rate |
|||
|
Support |
Resistance |
||
|
Sup. 1 |
1.2690 |
Res. 1 |
1.2840 |
|
Sup. 2 |
1.2600 |
Res. 2 |
1.2890 |
|
Sup. 3 |
1.2480 |
Res. 3 |
1.2970 |
|
Sup. 4 |
1.2430 |
Res. 4 |
1.3000 |
|
Commodities |
||
|
Latest |
Daily ( %) |
|
|
GOLD |
631.5 |
1.32% |
|
SILVER |
11.54 |
2.40% |
|
OIL (BRENT) |
73.16 |
0.26% |
|
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.