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Securitisation is not dead

Securitisation is not dead

By Michael Heise, chief economist Allianz Group/Dresdner Bank

FX poll 2008:

FX poll 2008:

FX moves to centre stage

Tuesday, July 1, 2008

RTS index down by 3.84% w/w to 2318.61 pts during June 23 – June 27.





RTS index down by 3.84% w/w to 2318.61 pts during June 23 – June 27. RTS index went down by 3.84% w/w to 2318.61 pts during the week of June 23 – June 27, after a 2.63% w/w growth posted during the previous week. On the first day of the reporting week the index closed at 2342.39 pts, down by 1.8% d/d, then decreased further by 1.4% d/d to 2308.88 on June 24, picked up slightly by 0.1% d/d on June 25, and decreased by 0.1% on June 26. The index then recovered slightly by 0.4% d/d to close at 2318.61 pts on June 27. The total trade volume went up to USD 226.89mn from USD 166.31mn. The average daily volume decreased to USD 45.38mn from USD 33.26mn posted during previous week.







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