FINANS DAILY
"Take risks: if you win, you will be happy; if you lose, you will be wiser." - anonymous
FOREX MARKET
The EUR/USD is traded in the 1.3230-1.3260 zone, as investors are awaiting the ISM data later as well as the FOMC
meeting. The market expects the Federal Reserve to keep rates flat at 5.25% this policy meeting, however the wording of
Bernanke will be essential, as investors are looking for clues regarding Fed's next move.
On the last forex session in 2006, RON recovered some of the losses posted on December 28th, as the National Bank kept
on hold the monetary policy rate at 8.75%. As a result, the EUR/RON was traded in the 3.3880-3.3730 zone, with some
investors closing their positions before the year-end, despite the increase in the real interest rate lately.
RON rebounded in the first trading day of 2007, as it started at 3.3390 level, due to strong off-shore interest for the wellyielding
emerging currency. Therefore, the Romanian currency touched a fresh four-year high in early trading, appreciating
up to 3.3370 level. However, the domestic currency could not hold its gains and weakened until 3.3900 zone. By noon time,
the pair reversed its move to the downside and stabilized in the 3.3500-3.3600 zone.
MONEY MARKET
On January 3rd, the ON interest rates started in the 6/7% zone and remained flat before the NBR announced the results to its
weekly depo auction. The National Bank decreased the allotment percentage to 8.5%, draining only a modest RON 1.2bln
from the Romanian interbank market. After the result, the short term rates declined sharly, reaching 2/5% zone.
|
Domestic Markets Foreign Exchange Rates |
||||
|
NBR |
Daily Change |
Year to Date(%) |
Annualized |
|
|
EUR/RON |
3.3817 |
-0.0165 |
-8.37% |
-8.30% |
|
USD/RON |
2.5676 |
-0.0183 |
-17.60% |
-17.47% |
|
GBP/RON |
5.0390 |
-0.0269 |
-6.00% |
-5.95% |
|
CHF/RON |
2.1044 |
-0.0087 |
-5.23% |
-5.19% |
|
Interbank Market Interest Rates (%) |
||||
|
ON |
1M |
6M |
12M |
|
|
BUBID |
5.84% |
7.04% |
7.28% |
7.13% |
|
BUBOR |
7.44% |
8.51% |
8.53% |
8.63% |
|
LIBOR (EUR) |
3.62% |
3.63% |
3.86% |
4.03% |
|
LIBOR (USD) |
5.34% |
5.32% |
5.37% |
5.34% |
|
Romanian Equities |
||
|
Last |
Daily (%) |
|
|
BET |
8,230.00 |
2.23% |
|
BET-C |
5,143.25 |
2.35% |
|
BET-FI |
65,685.40 |
4.24% |
|
RASDAQC |
2,355.79 |
0.00% |
|
Romanian Eurobonds |
||||
|
Maturity |
Cupon |
Price |
Daily (%) |
Yield |
|
27-Jun-08 |
10.63% |
108.72 |
-0.04% |
4.32 |
|
02-Jul-10 |
5.75% |
104.58 |
0.06% |
4.29 |
|
06-May-12 |
6.50% |
119.34 |
-0.06% |
4.35 |
|
22-Jun-15 |
4 125% |
96.10 |
0.06% |
4.69 |
|
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 |
-0.45% |
1,223.69 |
1,427.09 |
|
DJI |
12,463.15 |
-0.31% |
12,407.63 |
12,510.57 |
|
NASDAQ |
2,415.29 |
-0.42% |
2,405.92 |
2,465.98 |
|
XETRADAX |
6,681.13 |
1.05% |
6,413.03 |
6,620.83 |
|
NIKKEI 225 |
17 225 83 |
0.00% |
14,218.60 |
17,225.83 |
|
International Market Exchange Rates |
||
|
CURRENCY |
Latest |
Daily Change |
|
EUR/USD |
1.3271 |
0.72% |
|
GBP/USD |
1.9711 |
0.25% |
|
USD/CHF |
1.2156 |
-0.37% |
|
USD/SEK |
6.7857 |
-1.03% |
|
USD/JPY |
118.91 |
0.10% |
|
EUR/USD trading rate |
|||
|
Support |
Resistance |
||
|
Sup. 1 |
1.3120 |
Res. 1 |
1.3230 |
|
Sup. 2 |
1.3080 |
Res. 2 |
1.3350 |
|
Sup. 3 |
1.3050 |
Res. 3 |
1.3480 |
|
Sup. 4 |
1.3020 |
Res. 4 |
1.3590 |
|
Commodities |
||
|
Latest |
Daily ( %) |
|
|
GOLD |
640 |
0.98% |
|
SILVER |
13.15 |
2.10% |
|
OIL (BRENT) |
57.88 |
-1.98% |
|
Interest Rates for Time Deposits of Finansbank (Romania) SA |
|||||||
|
1WK |
1M |
3M |
6M |
9M |
12M |
Minimum Amount |
|
|
USD |
0.50% |
4.25% |
4.50% |
4.75% |
5.00% |
5.50% |
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.