FINANS DAILY
"Materialism is buying things we don't need, with money we don't have, to impress people who don't matter."
FOREX MARKET
Despite the recent mixed data on US economy, the mood of investors seems to have improved on Friday as the
EUR/USD rate tested the 1.2500 support zone. On October 23rd, the US dollar continued its appreciation against the
euro, with bids finding stability in the 1.2580 zone in mid European trading. However, the players are waiting for FED's
FOMC meeting on October 24th-25th to turn even more bullish on the greenback. The market watchers expect the
Federal Reserve to keep rates on hold at 5.25% at this meeting, but to keep the bullish tone, however most analyst agree
that the hiking cycle came to an end.
On October 20th, the Romanian currency posted a slight appreciation against the euro, on back of favorable regional
mood of foreign investors. The single currency tested the 3.5100 support area and dropped as low as 3.5075 level on
back of stronger supply of hard currency coming from off-shore players.
On Monday, the domestic forex market opened higher by 40 pips than on Friday at 3.5140 level, but within less than one
hour the EUR/USD climbed until 3.5250 level, as the low yielding keeps on putting downward pressure on the RON.
MONEY MARKET
On Monday, the National Bank of Romania held its usual one-month deposit auction, however the high liquidity on the
interbank market maintained and kept the ON rates in the 1-3% area, as today is the last day of the reserve period.
|
Domestic Markets Foreign Exchange Rates |
||||
|
NBR |
Daily Change |
Year to Date(%) |
Annualized |
|
|
EUR/RON |
3.5128 |
-0.0045 |
-4.82% |
-5.91% |
|
USD/RON |
2.7841 |
-0.0132 |
-10.65% |
-12.96% |
|
GBP/RON |
5.2379 |
0.0073 |
-2.29% |
-2.81% |
|
CHF/RON |
2.2132 |
0.0010 |
-5.23% |
-6.41% |
|
Interbank Market Interest Rates (%) |
||||
|
ON |
1M |
6M |
12M |
|
|
BUBID |
1.02% |
8.37% |
8.06% |
7.87% |
|
BUBOR |
3.00% |
9.09% |
9.09% |
9.03% |
|
LIBOR (EUR) |
3.34% |
3.36% |
3.65% |
3.79% |
|
LIBOR (USD) |
5.27% |
5.32% |
5.40% |
5.40% |
| Romanian Equities | ||
|
Last |
Daily (%) |
|
|
BET |
8,362.38 |
-0.85% |
|
BET-C |
5,053.89 |
-0.94% |
|
BET-FI |
56,406.36 |
-0.14% |
|
RASDAQC |
2,266.30 |
1.22% |
|
Romanian Eurobonds |
||||
|
Maturity |
Cupon |
Price |
Daily (%) |
Yield |
|
27-Jun-08 |
10.63% |
110.13 |
-0.09% |
4.18 |
|
02-Jul-10 |
5.75% |
104.89 |
-0.37% |
4.28 |
|
06-May-12 |
6.50% |
120.25 |
-0.29% |
4.30 |
|
22-Jun-15 |
4 125% |
94.80 |
-0.24% |
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 |
1,318.03 |
0.12% |
1,223.69 |
1,369.05 |
|
DJI |
12,002.37 |
-0.08% |
11,950.02 |
12,011.73 |
|
NASDAQ |
2,342.30 |
0.06% |
2,165.79 |
2,363.84 |
|
XETRADAX |
6,202.82 |
0.41% |
5,978.82 |
6,186.54 |
|
NIKKEI 225 |
16,788.82 |
0.82% |
14,218.60 |
17,563.37 |
|
International Market Exchange Rates |
||
|
CURRENCY |
Latest |
Daily Change |
|
EUR/USD |
1.2583 |
-0.35% |
|
GBP/USD |
1.8782 |
0.08% |
|
USD/CHF |
1.2636 |
0.41% |
|
USD/SEK |
7.3153 |
0.13% |
|
USD/JPY |
118.88 |
0.46% |
|
EUR/USD trading rate |
|||
|
Support |
Resistance |
||
|
Sup. 1 |
1.2560 |
Res. 1 |
1.2660 |
|
Sup. 2 |
1.2490 |
Res. 2 |
1.2760 |
|
Sup. 3 |
1.2460 |
Res. 3 |
1.2830 |
|
Sup. 4 |
1.2400 |
Res. 4 |
1.2980 |
|
Commodities |
||
|
Latest |
Daily ( %) |
|
|
GOLD |
591.8 |
-1.42% |
|
SILVER |
11.83 |
-1.58% |
|
OIL (BRENT) |
57.58 |
0.35% |
|
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.