FINANS DAILY
"Laughter is the jam on the toast of life; it adds flavour, keeps it from becoming too dry, and makes it easier to
swallow. "
FOREX MARKET
The USD bulls turned bearish at the end of the past week, on back of worsening US economical data. However the euro
needs to erode the 1.2860 resistance level before we can confirm a strong rally of the European currency. On Monday,
there will be released the US Home Sales and Germany's CPI preliminary readings, however these figures are unlikely
to be market movers. In early European trading, the pair is bided in the 1.2800-1.2820 area, with risks on the upside.
Friday's sharp rally of the euro caught off guard the Romanian market, as the RON has been the less vulnerable
currency to regional volatility. However, rising neighborly political instability combined with economic risks in
Emerging markets had triggered strong declines of emerging market's currencies. The RON had lost 1.2% against the
euro on September 22nd soaring until 3.5730 level, however held better than its regional peers. On Monday, the
domestic market opened at 3.5575 which seems to be the highest intraday level, as the bids are dropping gradually
during the trading session. By noon time, the single currency is traded in the 3.5400-3.5450 zone and it is likely to go
even lower towards 3.5300 zone until closing.
MONEY MARKET
The short term yields recovered to the monetary policy level, as a new reserve period had started and the National Bank
is holding its usual Monday deposit auction. The ON maturities are traded at 8.5-9.5% levels on the interbank money
market.
|
Domestic Markets Foreign Exchange Rates |
||||
|
NBR |
Daily Change |
Year to Date(%) |
Annualized |
|
|
EUR/RON |
3.5647 |
0.0329 |
0.0000 |
0.00% |
|
USD/RON |
2.7830 |
0.0078 |
0.0000 |
0.00% |
|
GBP/RON |
5.2963 |
0.0379 |
-1.20% |
-0.69% |
|
CHF/RON |
2.2487 |
0.0235 |
-5.23% |
-3.05% |
|
Interbank Market Interest Rates (%) |
||||
|
ON |
1M |
6M |
12M |
|
|
BUBID |
8.21% |
8.26% |
8.04% |
7.98% |
|
BUBOR |
9.03% |
9.19% |
9.21% |
9.16% |
|
LIBOR (EUR) |
3.03% |
3.20% |
3.55% |
3.72% |
|
LIBOR (USD) |
5.27% |
5.32% |
5.37% |
5.30% |
|
Romanian Equities |
||
|
Last |
Daily (%) |
|
|
BET |
7,803.12 |
-0.34% |
|
BET-C |
4,685.96 |
-0.37% |
|
BET-FI |
48,191.32 |
2.59% |
|
RASDAQC |
2,047.47 |
0.50% |
|
Romanian Eurobonds |
||||
|
Maturity |
Cupon |
Price |
Daily (%) |
Yield |
|
27-Jun-08 |
10.63% |
110.70 |
0.11% |
4.12 |
|
02-Jul-10 |
5.75% |
105.50 |
0.23% |
4.13 |
|
06-May-12 |
6.50% |
121.22 |
0.26% |
4.17 |
|
22-Jun-15 |
4 125% |
95.11 |
0.00% |
4.82 |
|
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 |
-0.25% |
1,223.69 |
1,325.76 |
|
DJI |
11,508.10 |
-0.22% |
11,533.23 |
11,613.19 |
|
NASDAQ |
2,218.93 |
-0.84% |
2,057.71 |
2,252.89 |
|
XETRADAX |
5,883.32 |
-1.32% |
5,773.72 |
6,140.72 |
|
NIKKEI 225 |
15,633.81 |
-0.01% |
14,218.60 |
17,563.37 |
|
International Market Exchange Rates |
||
|
CURRENCY |
Latest |
Daily Change |
|
EUR/USD |
1.2808 |
0.14% |
|
GBP/USD |
1.9046 |
0.11% |
|
USD/CHF |
1.2307 |
-0.93% |
|
USD/SEK |
7.2320 |
0.04% |
|
USD/JPY |
116.31 |
-0.19% |
|
EUR/USD trading rate |
|||
|
Support |
Resistance |
||
|
Sup. 1 |
1.2770 |
Res. 1 |
1.2840 |
|
Sup. 2 |
1.2720 |
Res. 2 |
1.2880 |
|
Sup. 3 |
1.2660 |
Res. 3 |
1.2940 |
|
Sup. 4 |
1.2600 |
Res. 4 |
1.2980 |
|
Commodities |
||
|
Latest |
Daily ( %) |
|
|
GOLD |
589.2 |
0.32% |
|
SILVER |
11.17 |
-0.45% |
|
OIL (BRENT) |
58.4 |
-0.78% |
|
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.