20180718-加拿大皇家银行-FINANCIAL_MARKETS_DAILY__1页_249kb

Financial Markets Daily Summary - July 18, 2018

U.S. Interest Rates

The U.S. interest rates for various maturities show a general upward trend over the past few weeks, indicating a slight increase in borrowing costs. The rates for the same maturities on July 18, 2018, compared to previous periods, are as follows:

• Three-month rate: 2.02% (up from 1.98% last week and 1.95% four weeks ago)
• Six-month rate: 2.18% (up from 2.14% last week and 2.12% four weeks ago)
• Two-year rate: 2.62% (up from 2.57% last week and 2.55% four weeks ago)
• Three-year rate: 2.69% (up from 2.66% last week and 2.66% four weeks ago)
• Five-year rate: 2.76% (up from 2.74% last week and 2.77% four weeks ago)
• 10-year rate: 2.86% (up from 2.84% last week and 2.90% four weeks ago)
• 30-year rate: 2.97% (up from 2.94% last week and 3.03% four weeks ago)

The overall trend suggests a modest rise in interest rates, which may reflect market expectations of inflation or economic growth.

Foreign Exchange Rates

The U.S. dollar (USD) exchange rates against other major currencies on July 18, 2018, are as follows:

• USD/CAD: 0.75517 (down from 0.75723 last week and 0.7512 four weeks ago)
• USD/EUR: 1.1617 (down from 1.1674 last week and 1.1572 four weeks ago)
• USD/GBP: 1.3029 (down from 1.3206 last week and 1.3173 four weeks ago)
• USD/JPY: 112.745 (up from 112.015 last week and 110.36 four weeks ago)
• USD/MXN: 18.981 (down from 19.083 last week and 20.360 four weeks ago)
• USD/CHF: 0.999 (down from 0.9959 last week and 0.9962 four weeks ago)
• USD/AUD: 0.7355 (down from 0.7366 last week and 0.7368 four weeks ago)
• USD/CNY: 6.7275 (up from 6.707 last week and 6.484 four weeks ago)
• USD/NZD: 0.6766 (down from 0.6758 last week and 0.6863 four weeks ago)
• Silver: 15.45 (down from 15.79 last week and 16.29 four weeks ago)
• Gold: 1224.7 (down from 1242.2 last week and 1268.1 four weeks ago)

The USD has shown mixed performance against other currencies, with some currencies appreciating and others depreciating. The USD/JPY rate has increased, while the USD/CAD, USD/EUR, USD/GBP, and USD/NZD rates have decreased. Gold and silver prices have declined, indicating a potential shift in investor sentiment towards other assets.

Cross Currency Rates

The cross currency rates for July 18, 2018, reflect the relative value of one currency against another. The key rates are as follows:

• USD/CAD: 0.7552
• USD/EUR: 1.1617
• USD/MXN: 0.052683
• USD/JPY: 0.00887
• USD/GBP: 1.30285
• USD/CHF: 1.001001
• USD/AUD: 0.7355

These rates show the USD's relative strength or weakness compared to other major currencies, with the CAD, EUR, and GBP showing a slight depreciation against the USD.

Forward Exchange Rates

Forward exchange rates for July 18, 2018, indicate the expected future value of currencies based on current rates and interest rate differentials. The forward rates for the Canadian dollar (C$), Euro (€), and UK pound (£) are as follows:

• C$:

  • Spot: 1.3242
  • One-month: 1.3238
  • Three-month: 1.3223
  • Six-month: 1.3201
  • One-year: 1.3163
  • Two-year: 1.3087
  • Three-year: 1.3029
  • Four-year: 1.2987
  • Five-year: 1.2950

• Euro:

  • Spot: 1.1617
  • One-month: 1.1643
  • Three-month: 1.1700
  • Six-month: 1.1790
  • One-year: 1.1979
  • Two-year: 1.2371
  • Three-year: 1.2740
  • Four-year: 1.3077
  • Five-year: 1.3387

• UK pound:

  • Spot: 1.3029
  • One-month: 1.3047
  • Three-month: 1.3082
  • Six-month: 1.3142
  • One-year: 1.3260
  • Two-year: 1.3511
  • Three-year: 1.3738
  • Four-year: 1.3941
  • Five-year: 1.4126

The forward rates for all currencies show a gradual depreciation of the USD against other currencies over time, suggesting market expectations of a weaker USD in the future.