|
"What's the use of happiness? It can't buy you money." - Henry Youngman
FOREX MARKET
US CPI (including Food & Energy) for November was out at � 0.6% vs. � 0.4% expected, while core CPI was
0.2%. Today, there will be released the US Current Account Balance, which might reach a new record
deficit. It seems that the results for the US are mixed, as high Industrial Production and Capacity Utilization
confirm the need for higher rates, while the market could focus on the low CPI headline. The EUR/USD will
maintain the rangebound trend around 1.2000 level until the release of US C/A figures, after which we expect
the rate would test the 1.2100 resistance.
Yesterday, the European currency appreciated also on the Romanian forex market, as the EUR/RON climbed
from 3.6380 to 3.6500, the most. On Friday, the market opened at 3.6450, then the exchange rate moved as
high as 3.6650, as the clients prefer to purchase the EUR. The euro might have appreciated due to the foreign
debt service of the Romanian private sector will reach EUR 700 mln in December. Another reason, could be
the sharp drop in the RON interest rates after yesterday's CD auction of NBR.
MONEY MARKET
Although, the NBR sterilized RON 5bln from the local money market, the surplus remained rather high, as
the ON interest rates fell to 1-3% today.
|
Domestic Markets Foreign Exchange Rates |
||||
| � |
NBR |
Daily Change |
Date(%) |
Annualized |
|
EUR/RON |
3.6474 |
-0.0059 |
-8.04% |
-8.37% |
|
USD/RON |
3.0339 |
-0.0058 |
4.58% |
4.78% |
|
GBP/RON |
5.3753 |
-0.0063 |
-4.20% |
-4.37% |
|
CHF/RON |
2 3662 |
-0.0017 |
-7.94% |
-8.27% |
|
Interbank Market Interest Rates (%) |
||||
| � |
ON |
1M |
6M |
12M |
|
BUBID |
1.69% |
5.00% |
4.88% |
4.88% |
|
BUBOR |
3.94% |
7.44% |
7.34% |
7.25% |
|
LIBOR (EUR) |
2.33% |
2.41% |
2.60% |
2.79% |
|
LIBOR (USD) |
4.35% |
4.37% |
4.66% |
4.80% |
|
Romanian Equities |
||
| � |
Last |
Daily (%) |
|
BET |
6,622.72 |
-0.91% |
|
BET-C |
3,938.57 |
-0.66% |
|
BET-FI |
45,055.27 |
0.99% |
|
RASDAQC |
1,759.46 |
0.01% |
|
Romanian Bonds |
||||
|
Maturity |
Cupon |
Price |
Daily (%) |
Yield |
|
27-Jun-08 |
10.63% |
117.38 |
-0.02% |
3.29 |
|
02-Jul-10 |
5.75% |
108.95 |
0.11% |
3.56 |
|
06-May-12 |
6.50% |
126.48 |
0.00% |
3.74 |
|
22-Jun-15 |
4.125% |
99.83 |
-0.01% |
3.81 |
|
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 |
1,151.74 |
-0.14% |
1,154.05 |
1,268.25 |
|
DJI |
10,881.67 |
-0.02% |
10,755.12 |
10,912.57 |
|
NASDAQ |
2,260.63 |
-0.09% |
2,089.88 |
2,273.37 |
|
XETRADAX |
5,295.82 |
0.17% |
5,174.72 |
5,320.11 |
|
NIKKEI 225 |
15,173.07 |
-0.53% |
10,825.39 |
15,778.86 |
| International Market Exchange Rates | ||
|
CURRENCY |
Latest |
Daily Change |
|
EUR/USD |
1.1972 |
-0.27% |
|
GBP/USD |
1.7647 |
-0.33% |
|
USD/CHF |
1.2885 |
0.48% |
|
USD/SEK |
7.9124 |
0.71% |
|
USD/JPY |
116.07 |
-0.41% |
|
EUR/USD trading rate |
|||
|
Support |
� |
Resistance |
� |
|
Sup. 1 |
1.1930 |
Res. 1 |
1.2060 |
|
Sup. 2 |
1.1900 |
Res. 2 |
1.2100 |
|
Sup. 3 |
1.1870 |
Res. 3 |
1.2150 |
|
Sup. 4 |
1.1760 |
Res. 4 |
1.2260 |
|
Commodities |
||
| � |
Latest |
Daily (%) |
|
GOLD |
497 |
-1.60% |
|
SILVER |
8.43 |
0.48% |
|
OIL (BRENT) |
59.76 |
0.13% |
|
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.