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Fx Daily Report
CORPORATE AND INVESTMENT BANKING
FRIDAY, FEBRUARY 6, 2015
ECONOMIC RELEASE
Believe it or not!!!
Belgium's royal family has apologized to members
of the public who were sent official cards that
wrongly appeared to announce the death of King
Philippe's mother. 150 people who sent letters of
condolence on the death in December of Paola's
sister-in-law Queen Fabiola received replies
thanking them for their "comforting words following
the death of Her Majesty Queen Paola". Paola, 77,
is a blonde Italian princess who has long brought a
dash of glamour to the Belgian royal house. She
has played a less public role since her husband
abdicated in favor of their son Philippe in 2013.
Queen Fabiola, the Spanish widow of Albert's late
brother King Baudouin, died on Dec.5 aged 86!!
DE
Industrial Output m/m, Last -0.1% Exp 0.4%.
GB
Goods Trade Balance, Last -8.848 bln Exp -9.10 bln.
US
Non-Farm Payrolls, Last 252 k Exp 234 k.
Unemployment Rate, Last 5.6% Exp 5.6%.
TECHNICAL ANALYSIS
SUPPORT
SPOT
∆
RESISTANCE
COMMENTS
EUR/USD The German's rejection of a debt haircut for Greece had limited the short covering
EUR/USD
1.1240
-
1.1460
1.1465
1.06%
1.1617 - 1.1874
USD/JPY
115.80
-
116.59
117.25
0.04%
117.36 - 118.24
GBP/USD
1.5109
-
1.5269
1.5335
0.89%
1.5607 - 1.5869
USD/CHF
0.8962
-
0.9175
0.9235
-0.05%
0.9302 - 0.9544
bounce and shifted some of the focus to today's US jobs report. A weak result will likely end the
pair consolidation phase and push it higher; otherwise the 1.1240/1.1460 will carry on as Greek
situation remain a key factor till the Feb. 28 aid deadline!!!
USD/JPY Another solid US payroll reading coupled with a possible rebound in a wage growth may
revive the view of an early FED rate hike. In addition, hopes for an EU-Greek debt deal are still alive
discouraging the pair push down. 116.50/119 is expected to hold for the coming session where we
keep on buying near the lower boundary using a stop at 116. Good Luck!
GBP/USD inched higher clearing the 1.5269 as better than expected UK data boosted the bullish
sentiment and increased bets for a rate hike in 2016. As for today, we prefer to trade 1.5250/1.5450
while using stops on boundaries awaiting a clearer view.
USD/CHF is holding well above 0.9175 as the SNB is keeping the EUR/CHF buying strategy intact
AROUND THE WORLD
CURRENCY COUNTRY
INTERBANK RATES
RATE
∆
USD / LBP
1510.00
0.00%
AUD / USD
0.7835
0.75%
USD / CAD
1.2428
-1.09%
USD / BRL
0.13%
USD / SAR
2.7450
3.6730
3.7535
USD / KWD
0.2960
0.34%
USD / JOD
0.7095
0.00%
USD / AED
XAU
GOLD
XAG
SILVER
WTI
OIL
in order to weaken its currency. We maintain our view of buying all dips as the consolidation is likely
to end up above 0.9302; stop located at 0.9150.
USD
EUR
GBP
JPY
0.17350
0.25510
0.36080
0.62540
3.25
0.001
0.055
0.132
0.263
0.50475
0.56400
0.68456
0.96119
0.07571
0.10429
0.14357
0.26186
1.35
LIBOR
1
3
6
1
MONTH
MONTHS
MONTHS
YEAR
PRIME RATE
0.00%
0.04%
1268.00
17.30
-0.24%
51.72
8.50%
-0.57%
BEIRUT STOCK EXCHANGE
USD
SOL A
SOL B
HOLCIM
AUDI GDR
BLOM GDR
BYBLOS
CLOSING
10.84
10.96
15.50
6.90
9.96
1.67
∆
VOLUME
HIGH
LOW
-0.09%
31,970
27,145
611
0
0
213,000
10.98
10.96
15.50
1.67
10.83
10.81
15.50
1.66
0.00%
3.33%
0.00%
0.00%
0.00%
Fx Daily Report - 1/2
Fx Daily Report
CORPORATE AND INVESTMENT BANKING
FRIDAY, FEBRUARY 6, 2015
STOCK INDICES
17,888.88 1.22%
DOW JONES
36.820 -0.91%
SG PARIS
CAC 40
4,703.30 0.15%
NIKKEI
17,648.50 0.82%
NASDAQ
4,765.10 1.03%
FTSE
6,865.93 0.09%
HANG SENG
24,749.73 0.28%
S&P 500
2,062.52 1.03%
GDAX
10,905.41 -0.05%
SHANGHAI
3,100.17 -1.78%
EUROBONDS
LEBANON
LEBANON
LEBANON
LEBANON
LEBANON
LEBANON
LEBANON
LEBANON
LEBANON
LEBANON
LEBANON
LEBANON
LEBANON
LEBANON
LEBANON
LEBANON
LEBANON
LEBANON
LEBANON
APR 15
AUG 15
JAN 16
MAY 16
NOV 16
MAR 17
OCT 17
NOV 18
MAY 19
NOV 19
MAR 20
APR 2020
APR 21
OCT 22
JAN 23
DEC 24
NOV 26
NOV 27
NOV 18
COUPON
12/02/15
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
EUR
10. 000%
8. 500%
8. 500%
11. 625%
4. 750%
9. 000%
5. 000%
5. 150%
6. 000%
5. 450%
6. 375%
5. 800%
8. 250%
6. 100%
6. 000%
7. 000%
6. 600%
6. 750%
5. 350%
MATURITY
25-Apr-15
06-Aug-15
19-Jan-16
11-M ay-16
02-Nov-16
20-Mar-17
12-Oct-17
12-Nov-18
20-M ay-19
28-Nov-19
09-Mar-20
14-Apr-20
12-Apr-21
04-Oct-22
27-Jan-23
04-Dec-24
27-Nov-26
29-Nov-27
28-Nov-18
CONTACT: DEALING ROOM 01.483001 EXT 12100
MONDAY TO FRIDAY FROM 8:00 AM TO 22:30 PM
CHARBEL GHARIOS | KARIM EL KHOURY | JOE KHALIL | MIKHAEL SLEIMAN|MICHELINE AOUN
| JENNIFER BOUEZ
PRICE
YIELD
Bid
Ask
101.500
102.500
104.500
109.500
101.000
109.000
100.500
100.000
102.750
100.250
104.250
101.250
113.500
102.000
100.500
106.500
103.500
104.000
104.500
102.250
103.500
105.500
111.000
102.500
110.750
102.000
101.750
104.250
101.750
105.500
103.250
115.250
103.500
102.000
108.000
105.000
105.750
106.000
Yield-Bid Yield-Offer
2. 49%
3. 24%
3. 56%
3. 75%
4. 14%
4. 47%
4. 80%
5. 15%
5. 27%
5. 39%
5. 41%
5. 52%
5. 63%
5. 77%
5. 92%
6. 11%
6. 18%
6. 29%
4. 06%
-1.04%
1.21%
2.52%
2.60%
3.24%
3.65%
4.20%
4.63%
4.88%
5.03%
5.13%
5.08%
5.31%
5.53%
5.68%
5.91%
6.00%
6.10%
3.64%
This report is for information purposes only. All
information herein is based on data obtained from
sources considered to be reliable. However, SGBL does
not guarantee the accuracy of the data. Opinions and
estimates contained herein may change without notice.
This report is not intended to be and should not be
construed as an offer or solicitation to acquire, or
dispose of any of the securities or issues mentioned in
this report.”
Fx Daily Report - 2/2