Treasury - Daily Forex for day 03.08.2004

03.08.2004 | , Živnostenská Banka
INVESTICE


perex-img Zdroj: Finance.cz

The dollar erased earlier losses against the euro triggered by the warnings of possible al Qaeda attacks towards international financial institutions, reentering the upward path. Providing support to the U.S. currency, the Institute for...

...Supply Management reported its manufacturing index rose, as expected, to 62.0 in July from 61.1 in June. U.S. construction spending unexpectedly dropped by 0.3% in June, but the report was largely ignored. The market's attention now turns to the U.S. jobs report for July, due on Friday, the last key data announcement ahead of Fed's interest rate decision on Aug.10.

The Czech crown rebounded from three-week lows against the euro yesterday on CNB board member Pavel Racocha's remarks that interest rates could rise to 3.5% from current 2.25%, while the crown has the potential to firm to the euro over the coming years. News that three political parties signed a deal to create a new coalition government also gave some boost to the crown.

FX RATES
USD/CZK 26.375/405
USD/GBP 1.8221/27
EUR/CHF 1.5370/81
EUR/CZK 31.660/695
USD/YEN 111.02/6
EUR/GBP 0.6584/87
EUR/USD 1.1999/2
EUR/YEN 133.26/33
STOCK MARKETS
NIKKEI 11140.57 –81.67
EUROSTOXX 50 2696.26 –23.79
FTSE 100 4415.7 +2.6
DAX 30 3862.71 –32.90
DJ INDEX 10179.16 +39.45
NASDAQ 1892.09 +4.73
PX 50 787.3 –2.9
GOLD 390.90/+391.40 -

DEPOSIT RATES
  CZK USD EUR YEN
ON 2.15-2.25 1.27-1.30 2.03-2.06 ---
3M 2.39-2.49 1.65-1.68 2.08-2.11 -0.05-0.02
6M 2.55-2.65 1.91-1.94 2.16-2.19 -0.03-0.04

Autor článku

Patrik Rožumberský  

Články ze sekce: INVESTICE