Treasury - Daily Forex for day 15.06.2004

15.06.2004 | , Živnostenská Banka
INVESTICE


The dollar fell versus the European single currency yesterday after a report showed the U.S. international trade deficit deepened markedly in April. The gap rose to a record $48.3 billion from $46.6 billion in March, exceeding market...

...expectations of a $45.0 billion shortfall. The poor trade report overshadowed slightly better-than-expected U.S. retail sales data. The sales were up 1.2% in May, while the economists had predicted a 1.0% increase. Today, currency traders will take a look at May consumer price index, which is expected to post a rise of 0.4% after a 0.2% increase in April. Higher inflation would probably prompt the Fed to tighten policy more aggressively at the end of June, pushing the dollar higher. Other data due later today include the University of Michigan's consumer sentiment index and Treasury Department's report on U.S. asset flows.

The Czech crown lost ground against the euro on Monday afternoon in a delayed reaction to the defeat of governing coalition parties in the weekend's European assembly election. The failure made Prime Minister Vladimir Spidla call a vote of confidence within his leftist CSSD party.

FX RATES
USD/CZK 26.140/170
USD/GBP 1.8148/53
EUR/CHF 1.5149/62
EUR/CZK 31.530/570
USD/YEN 110.70/75
EUR/GBP 0.6644/48
EUR/USD 1.2059/62
EUR/YEN 133.53/60
STOCK MARKETS
NIKKEI 11387.70 –103.96
EUROSTOXX 50 2759.27 –37.78
FTSE 100 4433.2 –50.8
DAX 30 3948.65 –65.91
DJ INDEX 10334.73 –75.37
NASDAQ 1969.99 –29.88
PX 50 779.0 ---
GOLD 382.65/+383.15 -

DEPOSIT RATES
  CZK USD EUR YEN
ON 1.90-2.00 1.04-1.07 2.01-2.04 ---
3M 2.20-2.30 1.51-1.54 2.09-2.12 -0.08--0.03
6M 2.34-2.44 1.85-1.88 2.18-2.21 -0.10--0.05

Autor článku

Patrik Rožumberský

Články ze sekce: INVESTICE