CREDIT EUROPE DAILY
"The management of stock exchange investments is a kind of low pursuit from which it is a good thing for
most members of society to be free." - John Maynard Keynes
FOREX MARKET
The Euro has closed the week in full strength versus the Leu, as it appreciated for the fourth day in a row, since
the sell off on Monday. The pair opened at 3.3490, was bought until 3.3660 and closed at 3.3580.
Today the market is stable, with the Euro opening at 3.3590-3.3600. A low has been set at 3.3550, and bids now
stand at 3.3560. Trading orders are mostly now on hold, in anticipation of the NBR meeting at which the
monetary policy rate and the level of minimum reserve requirements will be discussed.
The Dollar has continued to gain back lost ground versus the Euro. On Friday, the pair was sold from 1.3340 to a
low of 1.3280 in American trade. Today the EUR/USD is ranging between 1.3280 and 1.3250, as the price of oil
has increased and players are waiting for the development of the heating Iranian crisis.
Bids now stand at 1.3264.
MONEY MARKET
After surging to 13/16% on Friday, RON O/N quotations have returned to normal today, at the beginning of the
new minimum reserve period. Average quotations have been 7.5/8.5%.
|
Domestic Markets Foreign Exchange Rates |
||||
|
NBR |
Daily Change |
Year to Date (%) |
Annualized |
|
|
EUR/RON |
3.3579 |
0.0110 |
-0.70% |
-0.57% |
|
USD/RON |
2.5313 |
0.0256 |
-1.41% |
-1.15% |
|
GBP/RON |
4.9600 |
0.0243 |
-2.09% |
31 .10% |
|
CHF/RON |
2.0730 |
0.0041 |
-1.90% |
-1.54% |
|
Interbank Market Interest Rates (%) |
||||
|
ON |
1M |
6M |
12M |
|
|
BUBID |
6.56% |
7.40% |
6.69% |
6.56% |
|
BUBOR |
8.53% |
8.47% |
8.09% |
7.91% |
|
LIBOR(EUR) |
3.82% |
3.86% |
4.14% |
4.14% |
|
LIBOR(USD) |
5.30% |
5.32% |
5.32% |
5.22% |
|
Romanian Equities |
||
|
Last |
Daily (%) |
|
|
BET |
8,623.25 |
-0.06% |
|
BET-C |
5,583.38 |
0.30% |
|
BET-FI |
57,644.43 |
1.10% |
|
RASDAQ C |
3,136.91 |
2.55% |
|
Romanian Eurobonds |
||||
|
Maturity |
Cupon |
Price |
Daily (%) |
Yield |
|
27-Jun-08 |
10.63% |
107.32 |
-0.14% |
4.42 |
|
02-JuMO |
5.75% |
104.06 |
-0.12% |
4.37 |
|
06-May-12 |
6.50% |
118.47 |
-0.22% |
4.38 |
|
22-Jun-15 |
4.125% |
95.74 |
-0.63% |
4.76 |
|
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 200510August20 |
7.48% |
|
RO0515DBN143 |
15 August 2005 |
15 August 2005 |
17 August 2005 |
7.49% |
|
RO0508DBN155 |
15September2005 |
19September2005 |
19September2008 |
7.60% |
|
International Equities |
||||
|
Last |
Daily Change |
Year Low |
Year High |
|
|
S&P 500 |
1,318.03 |
0.11% |
1,265.95 |
1,459.68 |
|
DJI |
12,481.01 |
0.16% |
12,288.10 |
12,461.14 |
|
NASDAQ |
2,448.93 |
-0.11% |
2,340.68 |
2,524.94 |
|
XETRA DAX |
6,898.26 |
0.60% |
6,447.70 |
7,027.59 |
|
NIKKEI 225 |
17,521.96 |
0.24% |
15,154.06 |
18,215.35 |
|
International Market Exchange Rates |
||
|
CURRENCY |
Latest |
Daily Change |
|
EUR/USD |
1.3271 |
-0.41% |
|
GBP/USD |
1.9615 |
-0.16% |
|
USD/CHF |
1.2211 |
0.47% |
|
USD/SEK |
7.0069 |
0.41% |
|
USD/JPY |
118.27 |
0.14% |
|
EUR/USD trading rate |
|||
|
Support |
Resistance |
||
|
Sup. 1 |
1.3260 |
Res. 1 |
1.3340 |
|
Sup. 2 |
1.3240 |
Res. 2 |
1.3380 |
|
Sup. 3 |
1.3190 |
Res. 3 |
1.3420 |
|
Sup. 4 |
1.3120 |
Res. 4 |
1.3480 |
|
Commodities |
||
|
Latest |
Daily (%) |
|
|
GOLD |
659.9 |
-0.26% |
|
SILVER |
13.27 |
-0.75% |
|
OIL (BRENT) |
64.41 |
3.87% |
|
Interest Rates for Time Deposits of Finansbank (Romania) SA |
|||||||
|
1WK |
1M |
3M |
6M |
9M |
12M |
Minimum Amount |
|
|
USD |
-0.26% |
.26% |
4.50% |
4.75% |
5.00% |
5.50% |
USD 1,000 |
|
EUR |
-0.75% |
.75% |
4.00% |
.75% |
.75% |
.75% |
EUR 1,000 |
|
RON |
3.87% |
7.25% |
7.25% |
7.50% |
7.50% |
3.87% |
RON 2,000 |
Released by Credit Europe Bank Romania S.A.,3rd Nerva Traian Street, Bucharest. For further information please contact Melania Hancila -Treasury & Capital Markets Division, Phone 308 52 66, Fax 318 87 74.
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 Credit Europe Bank Romania S.A., Nerva Traian nr.3, Bucuresti. Pentru mai multe informatitii si intrebari, va rugam contactati Departamentul Trezorerie si Piete de capital - Melania Hancila, Telefon: 308 52 66, Fax: 318 87 74.
Acest buletin are scop informativ si nu reprezintaun 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.