FINANS DAILY
"There are two ways to live your life. One is as though nothing is a miracle. The other is as though everything is a
miracle." - Albert Einstein
FOREX MARKET
On Friday, the greenback weakened slightly after the US job data were released, as the US economy added less than expected jobs in
January and Unemployment rose to 4.6% vs. 4.5% consensus estimates, driving the EUR/USD up to 1.3060 zone. However, the
dollar recovered losses shortly after, when investors realized that the job sector in US remained solid, as previous month's payroll
data were revised higher. Therefore, the dollar rallied until 1.2950 area, as the Federal Reserve rate outlook is yet unclear. On
February 5th, the EUR/USD is traded in the 1.2930-1.2960 zone in mid-European session. Today, analysts will watching the US ISM
Services index, but the impact over the exchange rate could be capped, as investors seem more concerned on this week's G7 meeting
to figure out the future evolution of yen and carry trades.
On February 2nd, the single currency was bided at 3.3840 level at the opening time, slightly higher than Thursday's closing level.
Shortly after, RON tried to break the 3.4800 support zone, reaching until 3.3785 level, but it was rejected, as local corporate clients
decided to purchase the hard currency. Therefore, the pair reversed its move to the upside, reaching as high as 3.3880 level by noon
time. By closing time, the single currency stabilized within 3.3800-3.3850 zone.
On Monday, the domestic market opened flat vs. Friday at 3.3840 level and shortly after RON started to strengthen, breaking the
3.3800 support zone. The rally of the Romanian currency continued until the strong threshold set at 3.3700 area, where importers
decided to buy the euro for their future purchases, pushing the pair in the 3.3750-3.3780 zone.
MONEY MARKET
On February 5th, the overnight interest rates continued to increase, reaching up to 7.5/8.5% levels, as the liquidity conditions have
restrained slightly lately on the Romanian interbank market. Furthermore, the National Bank will be holding its usual Monday deposit
auction.
|
Domestic Markets Foreign Exchange Rates |
||||
|
NBR |
Daily Change |
Year to Date(%) |
Annualized |
|
|
EUR/RON |
3.3877 |
-0.0097 |
0.18% |
0.16% |
|
USD/RON |
2.6024 |
-0.0087 |
1.36% |
1.24% |
|
GBP/RON |
5.1181 |
-0.0139 |
1.03% |
0.94% |
|
CHF/RON |
2.0947 |
-0.0039 |
-0.87% |
-0.79% |
|
Interbank Market Interest Rates (%) |
||||
|
ON |
1M |
6M |
12M |
|
|
BUBID |
7.31% |
7.06% |
6.25% |
6.09% |
|
BUBOR |
8.38% |
8.56% |
8.34% |
8.32% |
|
LIBOR (EUR) |
3.58% |
3.61% |
3.92% |
4.09% |
|
LIBOR (USD) |
5.29% |
5.32% |
5.40% |
5.43% |
|
Romanian Equities |
||
|
Last |
Daily (%) |
|
|
BET |
9,049.27 |
1.90% |
|
BET-C |
5,614.35 |
1.67% |
|
BET-FI |
65,916.83 |
1.45% |
|
RASDAQC |
2,672.49 |
0.92% |
|
Romanian Eurobonds |
||||
|
Maturity |
Cupon |
Price |
Daily (%) |
Yield |
|
27-Jun-08 |
10.63% |
108.21 |
0.07% |
4.33 |
|
02-Jul-10 |
5.75% |
104.47 |
0.37% |
4.30 |
|
06-May-12 |
6.50% |
119.13 |
0.33% |
4.33 |
|
22-Jun-15 |
4 125% |
95.97 |
0.42% |
4.72 |
|
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 |
YearHigh |
|
|
S&P500 |
1,318.03 |
0.17% |
1,236.20 |
1,440.13 |
|
DJI |
12,653.49 |
-0.16% |
12,523.31 |
12,673.68 |
|
NASDAQ |
2,475.88 |
0.30% |
2,413.51 |
2,502.82 |
|
XETRADAX |
6,885.76 |
0.50% |
6,678.93 |
6,851.28 |
|
NIKKEI 225 |
17,344.80 |
-1.15% |
14,470.76 |
17,547.11 |
|
International Market Exchange Rates |
||
|
CURRENCY |
Latest |
Daily Change |
|
EUR/USD |
1.2957 |
-0.45% |
|
GBP/USD |
1.9656 |
-0.06% |
|
USD/CHF |
1.2476 |
0.32% |
|
USD/SEK |
6.9787 |
0.41% |
|
USD/JPY |
120.61 |
-0.08% |
|
EUR/USD trading rate |
|||
|
Support |
Resistance |
||
|
Sup. 1 |
1.2930 |
Res. 1 |
1.2980 |
|
Sup. 2 |
1.2900 |
Res. 2 |
1.3040 |
|
Sup. 3 |
1.2870 |
Res. 3 |
1.3100 |
|
Sup. 4 |
1.2800 |
Res. 4 |
1.3180 |
|
Commodities |
||
|
Latest |
Daily ( %) |
|
|
GOLD |
647.1 |
-1.30% |
|
SILVER |
13.37 |
-1.69% |
|
OIL (BRENT) |
57.24 |
-0.50% |
|
Interest Rates for Time Deposits of Finansbank (Romania) SA |
|||||||
|
1WK |
1M |
3M |
6M |
9M |
12M |
Minimum Amount |
|
|
USD |
0.50% |
4.25% |
4.50% |
4.75% |
5.00% |
5.50% |
USD 1,000 |
|
EUR |
0.50% |
3.50% |
4.00% |
4.25% |
4.50% |
5.00% |
EUR 1,000 |
|
RON |
3.00% |
7.5% |
8.0% |
8.0% |
8.00% |
8.50% |
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.