FINANS DAILY
"It is your attitude and not your aptitude that determines your altitude." - Zig Zigler
FOREX MARKET
The EUR/USD was traded in a tight range of less than 30 pips amid calm trading on Monday. The euro climbed until
1.2874 level, as the Producer Price Index for the Euro Zone came out slightly higher than the expectations of the market.
We keep our bullish sight on the euro for the next week as it is likely to be supported by the rate outlook. The European
Central Bank might resort to a hike of the key rate by 25 bps at its next policy meeting in early October given the latest
evolution of EZ's macro indicators. Today, the market watchers will be waiting for the Euro Zone Retail Sales figures and
later the US House Prices.
The Romanian currency started the week at the same levels as we already got so used lately and oscillated in the 3.5200-
3.5280 area as the transacted volumes remained modest.
The single currency started on Tuesday slightly higher, at 3.5270 level, as the commercial purchases prevailed the early
trading. It is likely that this quiet trading would continue in the next days as well, as the high short term interest rates at
the beginning of the reserve period will sustain the RON.
MONEY MARKET
The National Bank remained consequent on sterilizing the whole surplus of the Romanian interbank market at the 8.75%
fixed rate. The offer of the commercial banks amounted to RON 966mln. The overnight interest rates stand flat in the 8.5-
9.5% zone as commercial banks maintain their policy of keeping higher reserves in the first half of the reserve period.
|
Domestic Markets Foreign Exchange Rates |
||||
|
NBR |
Daily Change |
Year to Date(%) |
Annualized |
|
|
EUR/RON |
3.5258 |
0.0006 |
0.4146 |
22.94% |
|
USD/RON |
2.7416 |
-0.0083 |
-0.1202 |
-7.34% |
|
GBP/RON |
5.2211 |
-0.0138 |
-2.60% |
-1.56% |
|
CHF/RON |
2.2298 |
-0.0045 |
-5.23% |
-3.15% |
|
Interbank Market Interest Rates (%) |
||||
|
ON |
1M |
6M |
12M |
|
|
BUBID |
8.13% |
8.28% |
8.03% |
7.94% |
|
BUBOR |
8.99% |
9.20% |
9.24% |
9.23% |
|
LIBOR (EUR) |
3.01% |
3.09% |
3.47% |
3.64% |
|
LIBOR (USD) |
5.30% |
5.33% |
5.42% |
5.38% |
| Romanian Equities | ||
|
Last |
Daily (%) |
|
|
BET |
7,701.15 |
0.38% |
|
BET-C |
4,615.97 |
1.24% |
|
BET-FI |
47,487.66 |
2.36% |
|
RASDAQC |
1,964.42 |
-0.45% |
|
Romanian Eurobonds |
||||
|
Maturity |
Cudoii |
Price |
Daily (%) |
Yield |
|
27-Jun-08 |
10.63% |
111.04 |
-0.14% |
4.11 |
|
02-Jul-10 |
5.75% |
105.52 |
0.04% |
4.15 |
|
06-May-12 |
6.50% |
121.30 |
0.09% |
4.19 |
|
22-Jun-15 |
4 125% |
94.72 |
-0.06% |
4.87 |
|
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 |
1,311.01 |
0.00% |
1,223.69 |
1,325.76 |
|
DJI |
11,464.15 |
0.00% |
11,381.15 |
11,464.15 |
|
NASDAQ |
2,193.16 |
0.00% |
2,039.42 |
2,185.73 |
|
XETRADAX |
5,909.72 |
0.56% |
5,775.74 |
6,140.72 |
|
NIKKEI 225 |
16,385.96 |
0.17% |
14,218.60 |
17,563.37 |
|
International Market Exchange Rates |
||
|
CURRENCY |
Latest |
Daily Change |
|
EUR/USD |
1.2834 |
-0.15% |
|
GBP/USD |
1.9012 |
-0.23% |
|
USD/CHF |
1.2321 |
0.24% |
|
USD/SEK |
7.2485 |
-0.20% |
|
USD/JPY |
115.82 |
-0.54% |
|
EUR/USD trading rate |
|||
|
Support |
Resistance |
||
|
Sup. 1 |
1.2750 |
Res. 1 |
1.2870 |
|
Sup. 2 |
1.2700 |
Res. 2 |
1.2900 |
|
Sup. 3 |
1.2660 |
Res. 3 |
1.2980 |
|
Sup. 4 |
1.2550 |
Res. 4 |
1.3000 |
|
Commodities |
||
|
Latest |
Daily ( %) |
|
|
GOLD |
628.9 |
0.37% |
|
SILVER |
13.05 |
1.32% |
|
OIL (BRENT) |
67.34 |
-2.70% |
|
Interest Rates for Time Deposits of Finansbank (Romania) SA |
|||||||
|
1WK |
1M |
3M |
6M |
9M |
12M |
Minimum Amount |
|
|
USD |
0.50% |
3.75% |
4.00% |
4.25% |
4.50% |
5.00% |
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.