Press-centre

2008

Archive » 2007 , 2008

News of the Bank Financial news Bank in MM

31 march

Correction renewed on gold futures

As of March 31, situation at precious metals market was characterized by quotations decrease. Today at morning trade session in Asia, gold was traded at $933.00-$935.00 level per ounce. At New York commodity exchange opening, gold at bids was at $934.60 level, afterwards it increased somewhat its position. On March 28, New York commodity exchange closure was fixed at $930.90 figure per ounce.

Rates on interbank credits in national currency increased by long-term highest marks at DEPO-market

International foreign exchange market. On Monday no strong macroeconomic data either on economics of Europe or the USA were published. At 12:00 KT consumer prices index that showed strong inflation growth was published in Europe. In annual calculation index grew 3,5%. Euro was slightly strengthened after news release as expectations that European Central Bank will not change interest rates in the nearest future were strengthened.

28 march

Quotations decrease at precious metals market

As of March 28, situation at precious metals market was characterized by quotations decrease. Today at morning trade session in Asia gold was traded at $943.20-$943.30 level per ounce. At New York commodity exchange opening gold at bids was at $945.00 level, afterwards it increased somewhat its position. On March 27, New York commodity exchange closure was fixed at $946.00 figure per ounce.

Differently oriented movement is observed at DEPO-market while determining interbank credits cost

At Ukrainian interbank foreign exchange market US dollar as during previous two days was kept within 4,98/5,010. Due to the end of quarter there is high offer of foreign currency which everyone wants to sell for hryvnia at the market. There is still high banks’ offer of their proper currency purchased through foreign exchange points in population of the country on high rates. It causes additional pressure on rate of American currency and does not give it opportunity to overcome mark 5,00 per $1. There is high probability that on Monday they will give less than UAH 5 per USD 1.

27 march

Futures on gold become more expensive

As of March 27 situation at precious metals market was characterized by quotations decrease. Today during morning trade session in Asia gold was traded at the level $953,00-$947,50 per ounce. While opening New York commodity exchange gold on bids was at the level $947,50, then slightly increased. March 26 at commodity exchange in New York closure was fixed on the mark $949,30 per ounce.

US dollar began to increase versus European currencies

International money market. Today US dollar was slowly growing. But with trading areas opening in Europe, this growth gave way to decrease versus pound sterling and Swiss franc. No important fundamental news were published in European countries, nor in Great Britain.

26 march

Silver futures rose in price

As of March 26, situation at precious metals market was characterized by quotations decrease. Today at morning trade session in Asia gold was traded at $940,10-$948,00 level per ounce. At New York commodity exchange opening gold at bids was at $948,70 level, afterwards it decreased somewhat its position. On March 25, New York commodity exchange closure was fixed at $935,30 figure per ounce.

25 march

USA stock markets were opened multidirectionally

International foreign exchange market. After holidays celebrated in Western world US dollar started its fall again. In Europe today release of serious economic news was not planned. Representatives of European Central Bank announced that they keep observing situation at foreign exchange markets and ready to take any time appropriate actions to stabilize situation with European currencies rates.

Gold quotations keep decreasing

As of March 25 situation at precious metals market was characterized by quotations decrease. Today during morning trade session in Asia gold was traded at the level $925,00-$930,00 per ounce. While opening of New York commodity exchange gold on bids was at the level $932,00, then slightly decreased. March 24 at commodity exchange in New York closure was fixed on the mark $918,40 per ounce.

24 march

Gold keeps decreasing at precious metals market

As of March 24 situation at precious metals market was characterized by quotations decrease. Today during morning trade session in Asia gold was traded at the level 910,00-$915,00 per ounce. While opening New York commodity exchange gold on bids was at the level $912,00, then slightly decreased. March 20 closure was fixed on the $910,10 per ounce at New York commodity exchange.

American stock market was opened increasing

International foreign exchange market. Today European markets were closed. American stock market was opened by increase. Determined aggressive actions of FRS strengthened growth of investors’ confidence to financial markets. And also US dollar was supported by plenty of profit fixation.

21 march

Gold quotations keep descending

As of March 21 situation at precious metals market was characterized by quotations increase. Today during morning trade session in Asia gold was traded at the level $919,00-$920,00 per ounce. On March 20 at commodity exchange in New-York closure was fixed on the mark $910,10 per ounce.

Interest rates decrease at DEPO-market

International currency market. On Wednesday, March 21, Catholic world celebrates Good Friday. That is why markets in Western Europe and the USA were closed. All currencies are traded in short range: EUR/USD pair in the range of 65 points, GBP/USD — 45 points, USD/CHF — 50 points.

20 march

Quotations keep decreasing at precious metals market

As of March 20, situation at precious metals market was characterized by quotations decrease. Today during morning trade session in Asia gold was traded at the level $920,00-$940,00 per ounce. While opening New-York commodity exchange gold on bids was at the level $920,00, then slightly decreased. On March 19 at commodity exchange in New-York closure was fixed on the mark $942,90 per ounce.

US dollar increas against all European currencies

International foreign exchange market. On Thursday US dollar increased against all European currencies.

19 march

Situation at precious metals market is characterized by quotations decrease

As of March 19 situation at precious metals market was characterized by quotations decrease. Today during morning trade session in Asia gold was traded at the level $990,00-$989,00 per ounce. While opening New-York commodity exchange gold on bids was at the level $987,50, then slightly increased. On March 18 at commodity exchange in New-York closure was fixed on the mark $981,30 per ounce.

18 march

Quotations increase at precious metals market

As of March 18 situation at precious metals market was characterized by quotations decrease. Today during morning trade session in Asia gold was traded at the level $1000,00-$1010,00 per ounce. While opening New-York commodity exchange gold on bids was at the level $1009,30, then slightly increased. March 17 at commodity exchange in New-York, closure was fixed on the mark $1002,80 per ounce.

17 march

London morning fixing constituted $1023,50 per gold ounce

As of March 17, situation at precious metals market was characterized by quotations decrease. Today during morning trade session in Asia gold was traded at the level $1 024,00-$1026,00 per ounce. While opening New-York commodity exchange gold on bids was at the level $1023,00, then slightly decreased. March 14 closure was fixed on the mark $1002,50 per ounce at commodity exchange in New-York.

14 march

Futures on gold overcame $ 1 000 level

As of March 14, situation at precious metals market was characterized by quotations decrease. Gold was traded at $994,20-$995,00 level per ounce today at morning trade session in Asia. New York commodity exchange opened with gold trade at $994,00 level, afterwards it increased in some extent. New York commodity exchange closure was fixed at $995,10 figure per ounce on March 13.

13 march

Growth of futures quotations on silver

As of March 13 situation at precious metals market was characterized by quotations increase. Today during morning trade session in Asia gold was traded at the level $985,00-$995,00 per ounce. While opening New-York commodity exchange gold on bids was at the level $995,90, then it slightly increased. March 12 at commodity exchange in New-York closure was fixed on the mark $983,40 per ounce.

12 march

Gold quotations fell at precious metals market

As of March 12, situation at precious metals market was characterized by quotations decrease. Gold was traded at $974,80-$975,00 level per ounce today at morning trade session in Asia. New York commodity exchange opened with gold trade at $973,20 level, afterwards gold increased in some extent. New York commodity exchange closure was fixed at $973,20 figure per ounce on March 11.

11 march

Decrease of gold quotations at precious metals market

As of 11 March, situation at precious metals market was characterized by quotations decrease. Today during morning trade session in Asia gold was traded at the level $972,60-$982,70 per ounce. While opening New-York commodity exchange gold on bids was traded at the level $982,90, then it slightly increased. March 10, at commodity exchange in New-York closure was fixed on the mark $973,90 per ounce.

7 march

Futures quotations on gold exceeded mark in $990 per troy ounce

International foreign exchange market. Pair euro/dollar reached its maximum — 1,5371, and pound reached its maximum in 2008 — 2,0085. Today in Europe and Great Britain there were meetings of European Central Bank and Bank of England. The market began to fluctuate feverishly since the beginning of bids in Europe — euro and pound were decreased against dollar. As it was expected, in England rate was at the previous level in 5,25%, and in Europe at the level 4%. However in England economists were disturbed by growing inflation pressure and decrease of consumers’ confidence, that is why it is expected that in spring discount rate will be decreased. And European Central Bank decreased forecast on gross domestic product growth in Europe in 2008 by the level 1,3-2,1%.

6 march

Pair Euro/Dollar reached its next highest mark at international foreign exchange market

International foreign exchange market. Pair euro/dollar reached its maximum — 1,5371, and pound reached its maximum in 2008 — 2,0085. Today in Europe and Great Britain there were meetings of European Central Bank and Bank of England. The market began to fluctuate feverishly since the beginning of bids in Europe — euro and pound were decreased against dollar. As it was expected, in England rate was at the previous level in 5,25%, and in Europe at the level 4%. However in England economists were disturbed by growing inflation pressure and decrease of consumers’ confidence, that is why it is expected that in spring discount rate will be decreased. And European Central Bank decreased forecast on gross domestic product growth in Europe in 2008 by the level 1,3-2,1%.

Situation at precious metals market

As of March 6, situation at precious metals market was characterized by quotations decrease. Today at morning trade session in Asia gold was traded at $985,00-$986,00 level per ounce. At New York commodity exchange opening gold at bids was at $985,90 level, afterwards it decreased somewhat its position. On 5 March New York commodity exchange closure was fixed at $989,30 figure per ounce.

5 march

US dollar reinforcement at Ukrainian interbank foreign exchange market

International foreign exchange market. During European trade session US dollar against Euro increased almost on 50 points. Analysts refer this dynamics to morning sale of pound.

Gold quotations decrease

As of March 5, situation at precious metals market was characterized by quotations decrease. Today at morning trade session in Asia gold was traded at $965,00 level per ounce. At New York commodity exchange opening gold at bids was at $963,00 level, afterwards it decreased somewhat its position. On 4 March New York commodity exchange closure was fixed at $964,30 figure per ounce.

4 march

US dollar reinforcement

International foreign exchange market. Tuesday morning began with US dollar reinforcement. It kept increasing up to the publication at 12:00 KT of price index indicators of Eurozone producers (in January the index rose by 0,8 % in monthly calculation and by 4,9 % — in annual), as well as of data concerning Eurozone GDP modification (in IV quarter 2008 it rose by 0,4 %). After news release European currencies increased insignificantly against dollar.

Quotations increase at precious metals market

As of 4 March situation at precious metals market was characterized by quotation increase. Today during morning trade session in Asia gold was traded at the level $980,90-$987,00 per ounce. While opening New-York commodity exchange gold on bids was at the level $986,90, then it decreased a little bit. 3 March at commodity exchange in New-York closure was fixed on the mark $983,50 per ounce.

3 march

Gold can exceed mark in $ 1 000 by the end of March already

As of 3 March situation at precious metals market was characterized by quotations increase. Today during morning trade session in Asia gold was traded at the level $978,25-$983,00 per ounce. While opening New-York commodity exchange gold at bids was at the level $981,00, then it decreased a little bit. 29 February at commodity exchange in New-York closure was fixed on the mark $984,80 per ounce.

European markets of shares opened with decrease

International foreign exchange market. On Monday, European markets of shares opened with decrease. This resulted from world markets recession.

print page »