Treasury - Daily Forex for day 29.08.2007

29.08.2007 | , Živnostenská Banka
INVESTICE


perex-img Zdroj: Finance.cz

The yen was up both against the euro and dollar on Tuesday as risk aversion made investors buy the low-yielding currencies and sell riskier assets. Falling U.S. consumer confidence, equities and home prices added to the weakness of the dollar, which was only holding up well against the euro. U.S. home prices showed the biggest yoy drop in at least 20 years in the second quarter, while the Conference Board's consumer confidence fell to the lowest level in the past year. In Europe, Germany's Ifo business confidence index fell to 105.8 in August from July's 106.4, exceeding the consensus forecast for a drop to 105.4. Financial markets turmoil has fueled speculation that the Fed may cut its main rate and the ECB may not raise interest rates at their meetings in September.

Renewed fears of global impacts of U.S. mortgage crisis helped the safe-haven crown, which firmed sharply against the euro yesterday.

FX RATES
USD/CZK 20.300/330
USD/GBP 2.0009/11
EUR/CHF 1.6338/44
EUR/CZK 27.590/620
USD/YEN 114.46/51
EUR/GBP 0.6791/93
EUR/USD 1.3592/95
EUR/YEN 155.73/79
STOCK MARKETS
NIKKEI 16012.83 -274.66
EUROSTOXX 50 4170.68 -70.27
FTSE 100 6102.2 -117.9
DAX 30 7430.24 -55.75
S&P 500 1432.36 -34.43
NASDAQ 2500.64 -60.61
PX 50 1773.9 -13.8
GOLD 663.70/+664.50 -

DEPOSIT RATES
  CZK USD EUR YEN
ON 2.50-2.60 5.50-5.60 4.00-4.10 ---
3M 3.24-3.34 5.51-5.59 4.66-4.71 0.82-0.92
6M 3.43-3.53 5.31-5.39 4.66-4.71 0.93-1.03

Autor článku

Patrik Rožumberský  

Články ze sekce: INVESTICE