FINANS DAILY
"Most of us are pretty good at keeping promises to others and pretty bad at keeping promises to ourselves." -
Lawrence LeShan
FOREX MARKET
The American dollar eased on some of the gains posted recently on back of profit taking, before the release of US Producer
price inflation on Tuesday. The inflation theme came back to the focus of market, as they are searching for more incentives
to turn even more bullish on USD, but not before assuring that the Federal Reserve will keep rates on hold in the next
quarters. Today, there will also be released the Harmonized CPI figures for the Euro Zone, as well as the industrial
production figures. In mid-European trade, the EUR/USD is bided in the 1.2520-1.2530 zone.
The favourable mood of foreign investors towards Central Europe currencies continued to sustain the RON on Monday, as
the single currency was traded in a tight range in the 3.4940-3.5020 area. On October 17th, the Romanian market opened at
3.5010 level, same as the indicative rate computed by NBR. The domestic currency seems to be loosing steam already, as
the strong psychological level at 3.5000 continues to hold on. The bids reached until 3.5050 level in early trading, however
until noon the single currency recovered to 3.5000 zone.
MONEY MARKET
On Monday, the National Bank held its customary one-month deposit auction and sterilized RON 2.75bln at the fixed 8.75%
intervention rate. As we already got used in the past months, the overnight interest rates started a free fall as the end of
reserve period is approaching the end. On October 17th, the interbank ON yields were traded for 6-7%, however by
noontime, they dropped until 3-5% zone.
|
Domestic Markets Foreign Exchange Rates |
||||
|
NBR |
Daily Change |
Year to Date(%) |
Annualized |
|
|
EUR/RON |
3.5010 |
-0.0052 |
-5.14% |
-6.43% |
|
USD/RON |
2.7971 |
0.0039 |
-10.23% |
-12.70% |
|
GBP/RON |
5.2067 |
0.0116 |
-2.87% |
-3.60% |
|
CHF/RON |
2.1996 |
-0.0011 |
-5.23% |
-6.54% |
|
Interbank Market Interest Rates (%) |
||||
|
ON |
1M |
6M |
12M |
|
|
BUBID |
2.56% |
7.93% |
7.99% |
7.83% |
|
BUBOR |
5.06% |
8.85% |
9.09% |
9.00% |
|
LIBOR (EUR) |
3.33% |
3.35% |
3.64% |
3.80% |
|
LIBOR (USD) |
5.32% |
5.32% |
5.41% |
5.41% |
|
Romanian Equities |
||
|
Last |
Daily (%) |
|
|
BET |
8,388.35 |
0.71% |
|
BET-C |
5,085.49 |
0.78% |
|
BET-FI |
55,485.73 |
1.38% |
|
RASDAQC |
2,179.89 |
0.96% |
|
Romanian Eurobonds |
||||
|
Maturity |
Cupon |
Price |
Daily (%) |
Yield |
|
27-Jun-08 |
10.63% |
110.39 |
0.00% |
4.08 |
|
02-Jul-10 |
5.75% |
105.35 |
0.25% |
4.15 |
|
06-May-12 |
6.50% |
120.65 |
0.07% |
4.24 |
|
22-Jun-15 |
4 125% |
95 22 |
0.90% |
4.81 |
|
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% |
|
International Equities |
||||
|
Last |
Daily Change |
Year Low |
YearHigh |
|
|
S&P500 |
1,318.03 |
0.25% |
1,223.69 |
1,362.83 |
|
DJI |
11,980.60 |
0.17% |
11,852.13 |
11,960.51 |
|
NASDAQ |
2,363.84 |
0.28% |
2,155.29 |
2,346.18 |
|
XETRADAX |
6,186.54 |
0.21% |
5,960.63 |
6,173.68 |
|
NIKKEI 225 |
16,611.59 |
-0.49% |
14,218.60 |
17,563.37 |
|
International Market Exchange Rates |
||
|
CURRENCY |
Latest |
Daily Change |
|
EUR/USD |
1.2525 |
0.24% |
|
GBP/USD |
1.8615 |
0.27% |
|
USD/CHF |
1.2705 |
-0.31% |
|
USD/SEK |
7.3879 |
-0.21% |
|
USD/JPY |
119.08 |
-0.20% |
|
EUR/USD trading rate |
|||
|
Support |
Resistance |
||
|
Sup. 1 |
1.2490 |
Res. 1 |
1.2570 |
|
Sup. 2 |
1.2460 |
Res. 2 |
1.2660 |
|
Sup. 3 |
1.2400 |
Res. 3 |
1.2760 |
|
Sup. 4 |
1.2320 |
Res. 4 |
1.2830 |
|
Commodities |
||
|
Latest |
Daily ( %) |
|
|
GOLD |
596 |
0.88% |
|
SILVER |
11.8 |
1.55% |
|
OIL (BRENT) |
57.81 |
-1.11% |
|
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.