CREDIT EUROPE DAILY
"Draw a circle around the businesses you understand and then eliminate those that qualify on the basis of
value, good management and limited exposure to hard times." - Warren Buffett
FOREX MARKET
On the 30th of July the Romanian forex market opened at 3.1670 in a highly volatile market and decreased
towards the 3.1620 level, on the back of the selling orders of the single currency. Later however, as some foreign
players continued to close their positions, the Euro appreciated by 130 pips to a maximum of 3.1750. The
exchange rate moved once again down towards the end of the session, with the pair closing the day at 3.1620/30.
Today the single seems to lose some of its advantage against the RON, being traded at 3.1580/610 in the opening
of the trading session and depreciating 20 pips in the first hour of trading.
The greenback eased its recent gains against the single currency, with the euro appreciating from 1.3640 early in
the European session towards 1.3700 late in the US market.
Today the pair was traded at approx. 1.3700 early in the European trading and keeps steady so far. Today the
market players will focus on the release of important economic data on Euro zone and US economies.
MONEY MARKET
MONEY MARKET
On the 30th of July, the O/N quotations stood at 6.5/7 percent, with the today opening standing flat. All eyes will
focus today on the Central Bank Monetary Council decisions, as most of the analysts estimated no change in the
benchmark interest rate. Yesterday the Central Bank kept its usual depo auction, with the average accepted
interest rate being 6.57 percent, the allotment percent standing at 33.33 and the amount auctioned at 2 bln RON.
|
Domestic Markets Foreign Exchange Rates |
||||
|
NBR |
Daily Change |
Year to Date (%) |
Annualized |
|
|
EUR/RON |
3.1670 |
0.0090 |
-6.35% |
-4.07% |
|
USD/RON |
2.3159 |
0.0047 |
-9.80% |
-6.32% |
|
GBP/RON |
4.6932 |
-0.0132 |
-7.36% |
-4.72% |
|
CHF/RON |
1.9252 |
0.0168 |
-8.89% |
-5.72% |
|
Interbank Market Interest Rates (%) |
||||
|
ON |
1M |
6M |
12M |
|
|
BUBID |
6.18% |
6.38% |
6.38% |
6.38% |
|
BUBOR |
6.98% |
7.31% |
7.31% |
7.31% |
|
EURIBOR |
7.36% |
4.52% |
4.52% |
4.52% |
|
LIBOR(USD) |
5.38% |
5.32% |
5.31% |
5.22% |
|
Romanian Equities |
||
|
Last |
Daily (%) |
|
|
BET |
9,787.57 |
-2.66% |
|
BET-C |
6,773.76 |
-2.53% |
|
BET-FI |
83,010.52 |
-3.56% |
|
RASDAQ C |
5,507.92 |
-1.49% |
|
Romanian Eurobonds |
||||
|
Maturity |
Cupon |
Price |
Daily (%) |
Yield |
|
27-Jun-08 |
10.63% |
104.92 |
-0.16% |
4.86 |
|
02-JuMO |
5.75% |
102.37 |
-0.16% |
4.85 |
|
06-May-12 |
6.50% |
115.09 |
-0.06% |
4.86 |
|
22-Jun-15 |
4.125% |
93.14 |
-0.21% |
5.21 |
|
Romanian State Government Bonds and T-Bills |
||||
|
Latest issues |
Auction Date |
Issue Date |
Maturity Date |
Avg. Yield |
|
RO0708CTN0D5 |
25 July 2007 |
25 July 2007 |
25 July 2008 |
6.95% |
|
RO0717DBN038 |
19 July 2007 |
23 July 2007 |
11 June 2017 |
6.80% |
|
RO0710DBN017 |
21 June 2007 |
25 June 2007 |
25 October 2010 |
7.14% |
|
International Equities |
||||
|
Last |
Daily Change |
Year Low |
Year High |
|
|
S&P 500 |
1,318.03 |
1.03% |
1,374.12 |
1,553.08 |
|
DJI |
14,000.41 |
-1.54% |
13,265.47 |
13,943.42 |
|
NASDAQ |
2,690.58 |
0.82% |
2,506.34 |
2,644.95 |
|
XETRA DAX |
7,456.31 |
0.06% |
7,451.68 |
8,105.69 |
|
NIKKEI 225 |
17,849.28 |
-0.23% |
16,527.99 |
18,261.98 |
|
International Market Exchange Rates |
||
|
CURRENCY |
Latest |
Daily Change |
|
EUR/USD |
1.3702 |
0.46% |
|
GBP/USD |
2.0283 |
0.31% |
|
USD/CHF |
1.2039 |
-0.43% |
|
USD/SEK |
6.8600 |
0.00% |
|
USD/JPY |
118.94 |
0.30% |
|
EUR/USD trading rate |
|||
|
Support |
Resistance |
||
|
Sup. 1 |
1.3600 |
Res. 1 |
1.3720 |
|
Sup. 2 |
1.3570 |
Res. 2 |
1.3750 |
|
Sup. 3 |
1.3480 |
Res. 3 |
1.3800 |
|
Sup. 4 |
1.3410 |
Res. 4 |
1.3840 |
|
Commodities |
||
|
Latest |
Daily (%) |
|
|
GOLD |
664.9 |
0.62% |
|
SILVER |
12.87 |
1.58% |
|
OIL (BRENT) |
77.11 |
-0.66% |
|
Interest Rates for Time Deposits of Credit Europe Bank - Individuals |
|||||||
|
1WK |
1M |
3M |
6M |
9M |
12M |
Minimum Amount |
|
|
USD |
TMU |
3.75% |
4.00% |
0.62% |
0.62% |
4.75% |
USD 100 |
|
EUR |
TMU |
1.58% |
1.58% |
1.58% |
5.00% |
1.58% |
EUR 100 |
|
RON |
TMU |
7.00% |
7.00% |
6.75% |
6.75% |
6.50% |
RON 300 |
Released by Credit Europe Bank Romania S.A., 26Z Timisoara avenue, Bucharest. For further information please contact Treasury & Capital Markets Division, Phone 406 46 15, Fax 310 73 31.
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., bulevardul Timisoara nr. 26Z, Bucuresti. Pentru mai multe informa?ii si intrebari, va rugam contactati Departamentul Trezorerie Telefon: 406 46 15, Fax: 310 73 31.
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 informa?iile publicate mai sus se pot schimba fara un anunt prealabil.