|
"I read annual reports of the company I'm looking at and I read the annual reports of the competitors - that is
the main source of material." - Warren Buffett
FOREX MARKET
The EUR/USD rate remained rangebound in the 1.1830-1.1880 area on Tuesday, as nothing spectacular
happened on the forex international market. Today, the euro enforced slightly against the dollar, climbing
until 1.1930 the highest. Whatever you do in the short-term, try to proceed with caution. It's that time of year
where volumes are thin and plenty of profit-taking takes place. Also, in lack of any significant news items,
markets jump all over the place when something finally does happen.
This week, the euro soared gradually vs. the RON, as the deep trade deficit is beginning to put pressure over
the exchange rate. Not even the high volumes of hard currency inflows, specific for the winter holiday
coming from Romanians working abroad, couldn't enforce the RON. The EUR/RON rate reached the 3.6700
resistance level on Wednesday again, but couldn't break it yet.
MONEY MARKET
It seems that the RON surplus diminished lately on the Romanian market, as during the Christmas holiday the
consumer credits rise steeply due to the high demand of the population. That is one of the reasons why the
overnight interest rates grew until 5-7%.
|
Domestic Markets Foreign Exchange Rates |
||||
|
NBR |
Daily Change |
Yera to Date(%) |
Annualized |
|
|
EUR/RON |
3.6629 |
0.0012 |
-7.65% |
-7.71% |
|
USD/RON |
3.0886 |
0.0055 |
6.07% |
6.12% |
|
GBP/RON |
5.3622 |
0.0061 |
-4.43% |
-4.47% |
|
CHF/RON |
2 3521 |
-0.0010 |
-8.49% |
-8.56% |
|
Interbank Market Interest Rates (%) |
||||
|
ON |
1M |
6M |
12M |
|
|
BUBID |
2.50% |
5.25% |
4.66% |
4.63% |
|
BUBOR |
5.31% |
7.45% |
7.31% |
7.28% |
|
LIBOR (EUR) |
2.36% |
2.42% |
2.64% |
2.84% |
|
LIBOR (USD) |
0.00% |
0.00% |
0.00% |
0.00% |
|
Romanian Equities |
||
|
Last |
Daily (%) |
|
|
BET |
6,586.13 |
0.00% |
|
BET-C |
3,910.88 |
0.00% |
|
BET-FI |
47,588.76 |
0.00% |
|
RASDAQC |
1,758.96 |
0.00% |
|
Romanian Bonds |
||||
|
Maturity |
Cupon |
Price |
Daily (%) |
Yield |
|
27-Jun-08 |
10.63% |
117.02 |
-0.07% |
3.34 |
|
02-Jul-10 |
5.75% |
108.82 |
0.02% |
3.58 |
|
06-May-12 |
6.50% |
126.54 |
0.06% |
3.72 |
|
22-Jun-15 |
4.125% |
98.18 |
0.02% |
4.36 |
|
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 |
1,256.54 |
-0.96% |
1,165.69 |
1,272.74 |
|
DJI |
10,777.77 |
-0.97% |
10,805.55 |
10,889.44 |
|
NASDAQ |
2,226.89 |
-1.00% |
2,172.07 |
2,273.37 |
|
XETRADAX |
5,444.84 |
0.48% |
5,264.56 |
5,419.05 |
|
NIKKEI 225 |
16,194.61 |
1.41% |
10,825.39 |
15,969.40 |
| International Market Exchange Rates | ||
|
CURRENCY |
Latest |
Daily Change |
|
EUR/USD |
1.1922 |
0.68% |
|
GBP/USD |
1.7401 |
0.53% |
|
USD/CHF |
1.3061 |
-0.62% |
|
USD/SEK |
7.9162 |
-1.07% |
|
USD/JPY |
117.06 |
-0.06% |
|
EUR/USD trading rate |
|||
|
Support |
Resistance |
||
|
Sup. 1 |
1.1880 |
Res. 1 |
1.1930 |
|
Sup. 2 |
1.1870 |
Res. 2 |
1.2000 |
|
Sup. 3 |
1.1840 |
Res. 3 |
1.2060 |
|
Sup. 4 |
1.1800 |
Res. 4 |
1.2120 |
|
Commodities |
||
|
Latest |
Daily (%) |
|
|
GOLD |
509 |
0.59% |
|
SILVER |
8.76 |
1.74% |
|
OIL (BRENT) |
55.63 |
-1.45% |
|
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.