CREDIT EUROPE DAILY
"When you buy a stock for its book value you have to have a detailed understanding of what those values
really are." - Peter Lynch
FOREX MARKET
On the 18th of July, the Romanian forex market opened in the 3.1280/3.1300 zone. The Euro selling orders
brought the pair to a minimum of 3.1215, but the market bounced back through the end of the session when the
exchange rate reached the 3.1250 level. Therefore the maximum of the day remained the 3.1300 opening.
Today the EUR/RON opened at 3.1235, 15 pips lower against yesterday closure and slightly increased to 3.1245
in the first hour of trading.
Yesterday the EUR/USD opened in the 1.3813/15 area with another historical maximum being reached at 1.3834.
Later on, the USD bounced back and a minimum was attained at 1.3765.
Today the EUR/USD moved to the 1.3800 area, after the Fed Chairman expressed yesterday in late US trade his
concerns about inflation growth potential, with June core CPI advancing 2.2 percent in y/y terms. The 2007
economic growth forecast was downgraded to a range of 2.25 � 2.5 percent.
MONEY MARKET
MONEY MARKET
On Wednesday the O/N interest posted no significant changes, standing in the 0.5/2 percent area. Today opening
was in the same range.
|
Domestic Markets Foreign Exchange Rates |
||||
|
NBR |
Daily Change |
Year to Date (%) |
Annualized |
|
|
EUR/RON |
3.1289 |
0.0004 |
-7.48% |
-4.90% |
|
USD/RON |
2.2705 |
-0.0001 |
-11.57% |
-7.64% |
|
GBP/RON |
4.6547 |
0.0103 |
-8.12% |
-5.32% |
|
CHF/RON |
1.8889 |
-0.0035 |
-10.61% |
-6.99% |
|
Interbank Market Interest Rates (%) |
||||
|
ON |
1M |
6M |
12M |
|
|
BUBID |
5.47% |
6.41% |
6.67% |
6.61% |
|
BUBOR |
6.56% |
7.38% |
7.52% |
7.52% |
|
EURIBOR |
0.86% |
4.58% |
4.37% |
4.58% |
|
LIBOR(USD) |
5.30% |
5.32% |
5.38% |
5.41% |
| Romanian Equities | ||
|
Last |
Daily (%) |
|
|
BET |
10,331.98 |
1.55% |
|
BET-C |
7,148.4 |
1.58% |
|
BET-FI |
91,445.88 |
0.86% |
|
RASDAQ C |
5,748.89 |
-0.29% |
|
Romanian Eurobonds |
||||
|
Maturity |
Cupon |
Price |
Daily (%) |
Yield |
|
27-Jun-08 |
10.63% |
105.19 |
-0.03% |
4.73 |
|
02-JuMO |
5.75% |
102.19 |
-0.18% |
4.92 |
|
06-May-12 |
6.50% |
114.75 |
-0.21% |
4.95 |
|
22-Jun-15 |
4.125% |
92.44 |
-0.01% |
5.32 |
|
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 200510August20 |
7.48% |
|
RO0515DBN143 |
15 August 2005 |
15 August 2005 |
17 August 2005 |
7.49% |
|
RO0508DBN155 |
15September2005 |
19September2005 |
19September2008 |
7.60% |
|
International Equities |
||||
|
Last |
Daily Change |
Year Low |
Year High |
|
|
S&P 500 |
1,318.03 |
-0.21% |
1,374.12 |
1,552.50 |
|
DJI |
13,918.22 |
-0.38% |
13,907.25 |
13,971.55 |
|
NASDAQ |
2,699.49 |
-0.47% |
2,506.34 |
2,644.95 |
|
XETRA DAX |
7,893.61 |
-1.80% |
7,898.54 |
8,105.69 |
|
NIKKEI 225 |
17,849.28 |
0.56% |
15,855.26 |
18,261.98 |
|
International Market Exchange Rates |
||
|
CURRENCY |
Latest |
Daily Change |
|
EUR/USD |
1.3794 |
-0.14% |
|
GBP/USD |
2.0521 |
-0.09% |
|
USD/CHF |
1.1998 |
-0.25% |
|
USD/SEK |
6.8600 |
0.00% |
|
USD/JPY |
121.90 |
0.30% |
|
EUR/USD trading rate |
|||
|
Support |
Resistance |
||
|
Sup. 1 |
1.3760 |
Res. 1 |
1.3830 |
|
Sup. 2 |
1.3730 |
Res. 2 |
1.3850 |
|
Sup. 3 |
1.3650 |
Res. 3 |
1.3900 |
|
Sup. 4 |
1.3600 |
Res. 4 |
1.4000 |
|
Commodities |
||
|
Latest |
Daily (%) |
|
|
GOLD |
671.7 |
0.60% |
|
SILVER |
13.18 |
1.46% |
|
OIL (BRENT) |
79.04 |
0.52% |
|
Interest Rates for Time Deposits of Credit Europe Bank |
|||||||
|
1WK |
1M |
3M |
6M |
9M |
12M |
Minimum Amount |
|
|
USD |
0.60% |
4.25% |
0.60% |
4.75% |
0.60% |
0.60% |
USD 1,000 |
|
EUR |
0.50% |
3.75% |
4.00% |
4.25% |
4.25% |
4.75% |
EUR 1,000 |
|
RON |
3.00% |
0.52% |
0.52% |
0.52% |
0.52% |
8.00% |
RON 2,000 |
Released by Credit Europe Bank Romania S.A., 26Z Timisoara avenue, Bucharest. For further information please contact Treasury & Capital Markets Division, Phone 406 46 15, Fax 310 73 31.
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 Credit Europe Bank Romania S.A., bulevardul Timisoara nr. 26Z, Bucuresti. Pentru mai multe informații si intrebari, va rugam contactati Departamentul Trezorerie Telefon: 406 46 15, Fax: 310 73 31.
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 că informațiile publicate mai sus se pot schimba fară un anunt prealabil.