Download - Morning Report 09Jan2015
9-Jan-15
Source: Bloomberg compounded midpoint rate
Contact us: Golomt Bank Treasury Division, Ulaanbaatar-210620A, Mongolia; Tel:+976-70127676, Facsimile: +976-11-311958
Policy Rate Last Prior Last Change date
BoM Policy rate 12.00 10.50 07/31/2014
China Target rate 5.60 6.00 11/24/2012
U.S Fund rate 0.25 1.00 12/16/2008
Euro Refinance rate 0.05 0.15 09/04/2014
U.K Official rate 0.50 1.00 05/03/2009
Japan Target rate 0.10 0.30 12/19/2008
Bank of Mongolia Rate Last Prior Last Change date
Overnight repo 14.00 12.50 07/31/2014
Overnight deposit 10.00 8.50 08/01/2014
Repo 12.50 11.00 08/02/2014
Money Market Rates Indicator
Last 1d% chg YTD% chg
LIBOR USD 3M 0.2521 0.00 -1.37
LIBOR EUR 3M 0.0479 1.53 -18.29
LIBOR GBP 3M 0.5599 0.00 -0.72
LIBOR JPY 3M 0.1100 -1.28 -1.91
SHIBOR CNY 3M 4.95 - -10.00
UBIBOR 3 month 12.50 0.00 -
Stock Indices
Mongolia Related Companies’ Securities
Stocks Crncy Volume
ths. USD Close
1D % Chg
YTD % Chg
MMC HKD 10412.4 0.33 0.00 -2.94
SGS HKD 130.1 3.88 2.11 0.52
TRQ USD 3765.0 3.02 0.00 -2.58
Bonds Crncy Yields Mid price Day
change DB Bond USD 7.51 96.50 -
MMC Bond USD 30.84 66.50 -
TDBM 2015 USD 9.23 99.50 -
TDBM 2017 CNY 11.76 96.89 -0.00
Mongol 2018 USD 6.95 92.52 0.03
Mongol 2022 USD 7.52 85.91 0.19
Samurai 2023 JPY 0.99 104.32 0.00
Commodity Prices
Indicator Last 1D % Chg YTD % Chg
Crude oil 50.96 -0.37 -11.11
Gold 1,215.50 0.41 0.79
Copper 6,175.75 -0.11 -3.02
IronOre/Beijing/ 485.00 0.00 0.00
Coal/Australia/ 112.30 -0.18 -0.53
Highlights U.S
Dollar Stronger Than $1.18 per Euro Before Payrolls; Yen Weakens Retailers’ December Sales Exceed Estimates Amid U.S. Job Growth Pound Drops to 17-Month Low as BOE Seen Maintaining Rate in 2015
Europe Greek Crisis Jolts QE Juggernaut as ECB Ponders Deflation Danger London Property Slowdown Drags U.K. House-Price Growth Below 10% Europe Stocks Erase 2015 Loss on Central-Bank Stimulus Optimism
Asia Asian Stocks Extend Gains as Crude Rallies; Euro Near 9-Year Low Yuan Volatility Doubling Pushes Up Dim Sum Yields: China Credit INSIDE JAPAN: Yen Down; RBC Retains Bullish Stance on USD/JPY
Commodity
Oil Below $60 Tests U.S. Drive for Energy Independence: Energy Gold Holds Two-Day Drop Ahead of Jobs Report as Dollar Advances Copper Rises on Bets Gain in U.S. Economy Will Bolster Metal Use
Foreign Exchange Market
9-Jan-15 9:08 8-Jan-15 0:00 1D % Chg YTD % Chg
EUR/USD 1.1804 1.1817 -0.1100 -2.4463
GBP/USD 1.5096 1.5115 -0.1257 -3.1128
USD/CHF 0.9827 0.9837 0.1018 2.4015
USD/CNY 6.2129 6.2147 0.0290 -0.0966
USD/JPY 119.65 119.5300 -0.1003 0.1588
Mongolian Economic Indicators YTD Indicators unit Nov.2013 Nov.2014
Change YoY %
Money supply ( M2 ) bln.MNT 1826.9 1689.7 -7.5%
CPI index YoY Chg Percent 11.1 10.1 -9.0%
Expenditure of Government Budget bln.MNT 3539 4122.6 16.5%
Government Budget Balance bln.MNT -166.4 -440.5 -164.7%
Imports mln.USD 5855.3 4832.2 -17.5%
External trade Balance mln.USD -1994.1 358.2 118.0%
-6.36
-1.05
15.31
1.49
-2.77
-0.88
0.45
0.62
0.11
-0.64
0.60
0.11
0.00
-2.39
0.65
0.89
3.58
3.36
2.34
1.79
1.84
1.84
-8 -6 -4 -2 0 2 4 6 8 10 12 14 16 18
Commodity - 103.64
Top20-MSE - 14,633.70
Shanghai - 3,293.46
Hang Seng - 23,835.53
Nikkei 225 - 17,252.70
Stoxx 50 - 3,135.08
DAX - 9,837.61
FTSE 100 - 6,569.96
S&P 500 - 2,062.14
NASDAQ - 4,736.19
Dow Jones - 17,907.87
INDICATOR - LAST 1D % Chg 1M % Chg
(200.0)
(150.0)
(100.0)
(50.0)
0.0
50.0
100.0
9/2
3/2
014
9/2
6/2
014
9/30
/201
4
10/
2/2
014
10/
7/2
014
10/
9/2
014
10
/14
/201
4
10
/28
/201
4
11/
4/2
014
11/
6/2
014
11
/11
/201
4
11
/13
/201
4
11
/19
/201
4
11
/25
/201
4
12/
2/2
014
16
/19
/201
4
12
/23
/201
4
12
/25
/201
4
Mill
ion
s
Central bank USD swap auction
Buy order from banks
BoM sold USD
Sell order from banks
Bom bought
BOM
sold USD BOM bought USD
BOM
sold USD BOM bought USD
BOM
sold USD BOM bought USD
BOM
sold USD BOM bought USD
BOM
sold USD BOM bought USD
BOM
sold USD BOM bought USD
BOM
sold USD BOM bought USD
Source: Bloomberg compounded midpoint rate
Contact us: Golomt Bank Treasury Division, Ulaanbaatar-210620A, Mongolia; Tel:+976-70127676, Facsimile: +976-11-311958
2 9-Jan-15 MORNING REPORT Treasury Division
Gov.Bill auction calendar
Government bill type
Announcement date
Trading date
Settlement date
Amount
12 weeks 01/05/2015 01/07/2015 01/12/2015 20 Billion
28 weeks 01/09/2015 01/14/2015 01/19/2015 30 Billion
3 years 01/09/2015 01/14/2015 01/19/2015 10 Billion
12 weeks 01/16/2015 01/21/2015 01/26/2015 25 Billion
52 weeks 01/23/2015 01/28/2015 02/02/2015 20 Billion
5 years 01/23/2015 01/28/2015 02/02/2015 5 Billion
12 weeks 01/30/2015 02/04/2015 02/09/2015 20 Billion
28 weeks 02/06/2015 02/11/2015 02/16/2015 10 Billion
3 years 02/06/2015 02/11/2015 02/16/2015 20 Billion
12 weeks 02/13/2015 02/18/2015 02/23/2015 20 Billion
Economic events Event Survey Actual Prior
GE Factory Orders MoM Nov -0.8% -2.4% 2.5%
GE Factory Orders WDA YoY Nov 1.0% -0.4% 2.4%
EC PPI MoM Nov -0.1% -0.3% -0.4%
EC PPI YoY Nov -1.4% -1.6% -1.3%
EC Retail Sales MoM Nov 0.2% 0.6% 0.4%
EC Retail Sales YoY Nov 0.2% 1.5% 1.4%
EC Consumer Confidence Dec F
(10.90)
(10.90)
(10.90)
UK BOE Asset Purchase Target Jan 375B 375B 375B
UK Bank of England Bank Rate 8-Jan 0.5% 0.5% 0.5%
US Initial Jobless Claims 3-Jan 290K 294K 298K
US Continuing Claims 27-
Dec 2360K 2452K 2353K
Economic events calendar Time Event Survey Prior
15:00 GE Industrial Production SA
MoM Nov 0.3% 0.2%
15:00 GE Industrial Production WDA YoY
Nov -0.6% 0.8%
15:00 GE Trade Balance Nov 20.4B 21.9B
15:00 GE Current Account Balance Nov 23.0B 23.1B
15:00 GE Exports SA MoM Nov -1.0% -0.5%
17:30 UK Industrial Production MoM
Nov 0.2% -0.1%
17:30 UK Industrial Production
YoY Nov 1.6% 1.1%
17:30 UK Manufacturing
Production MoM Nov 0.3% -0.7%
17:30 UK Manufacturing
Production YoY Nov 2.3% 1.7%
21:30 US Change in Nonfarm Payrolls
Dec 240K 321K
21:30 US Two-Month Payroll Net Revision
Dec -- --
21:30 US Change in Private Payrolls
Dec 225K 314K
21:30 US Change in Manufact.
Payrolls Dec 15K 28K
21:30 US Unemployment Rate Dec 5.7% 5.8%
23:00 US Wholesale Inventories
MoM Nov 0.3% 0.4%
Disclaimer:
The information contained in this report is for general information purposes only. The information and opinions contained herein has been compiled or arrived
at based upon information obtained from sources believed to be reliable and in good faith. Such information has not been independently verified and no
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12.00%
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14.50%
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Mill
ion
s
Government bond auction
Total demand Government sold Min rate
Weighted average rate Max rate