- 1 -
11 10 2006 15.2 9.3-3 -
- 4 -
79 GDP 11.5 79 GDP 11.546 11.9 2 1 9 5 7 1 9 25.716 0.2 2 7 6 230 19 15.916 15.4 10 24 10 11 10 2 9 08 1 99 11.3 07 1 9 13.6 1 2,407 10-5 -
E-mailyoung_song@cn.smbc.co.jp 2005 2007 1 07 1998 16 (2006 ) 200506 2005 4 2-6 -
2007 5 2007/9 2 30% 40 2007 10 10 2 2 2-7 -
= ( - ) - 8 -
= 1-9 -
- 10 -
- 11 -
- 12 -
- 13 -
SMBC November, 2007 CNY- SMBC Singapore, Bloomberg As of 11-09-07 1USD=CNY 100JPY=CNY 1CNY=JPY Spot 7.4108 - - - 6.6954 - - 14.94 - - 7.29% 07Q4 7.3800 7.2800 7.4200 7.4000 6.7090 6.4700 7.0250 14.90 14.00 16.00 7.56% 08Q1 7.2800 7.1800 7.3900 7.3000 6.9330 6.4800 7.2600 14.40 13.50 16.00 7.83% 08Q2 7.1800 7.0850 7.2900 7.2000 6.7100 6.4800 7.2600 14.90 13.50 16.00 8.10% 08Q3 7.1000 7.0050 7.1900 7.1000 6.4550 6.2350 7.0250 15.50 14.00 16.50 8.10% 08Q4 7.0000 6.9050 7.1100 7.0400 6.0870 5.8800 6.7600 16.40 14.50 17.50 8.10% 09Q1 6.9300 6.8350 7.0100-5.9230 5.7200 6.3750 16.90 15.50 18.00 8.10% /20071 /20071 20071 Bloomberg 7.82 7.80 7.78 7.76 7.74 7.70 7.72 7.68 7.66 7.64 7.62 7.60 7.58 7.56 7.54 7.50 7.52 7.48 7.46 7.44 7.42 7.40 6.80 6.75 6.70 6.65 6.60 6.55 6.50 6.45 6.40 6.35 6.30 6.25 6.20 6.15 6.10 6250 6000 5750 5500 5250 5000 4750 4500 4250 4000 3750 3500 3250 3000 2750 2500 Bloomberg 2002100 Bloomberg 01/04/07 07/21/05 07/20/05 +5.37% +9.43% +11.68% 2002 2003 2004 2005 2006 2007 102 100 98 96 94 92 90 88 86 84 82 01/04/07 07/03/06 01/02/06-2.04% +2.23% +4.22% Bloomberg 1011920057 217.4103 8.27758.110011.7%9.4% 6.5%3.4%2 101520%
SMBC November, 2007 TWD- SMBC Singapore, Bloomberg As of 11-09-07 1USD=TWD 100JPY=TWD 1TWD=JPY Spot 32.29 - - - 29.13 - - 3.4334 - - 3.125% 07Q4 32.00 31.50 32.50 32.40 29.10 28.50 30.50 3.4380 3.2250 3.5400 3.250% 08Q1 31.00 30.50 32.50 32.40 29.50 28.50 31.00 3.3870 3.1800 3.5400 3.250% 08Q2 32.00 30.50 32.50 32.10 29.90 28.50 31.50 3.3440 3.1400 3.4850 3.250% 08Q3 33.00 31.50 33.50 32.00 30.00 29.00 31.50 3.3330 3.1300 3.4450 3.250% 08Q4 33.50 32.50 34.00 32.00 29.10 28.50 31.50 3.4330 3.1300 3.5350 3.375% 09Q1 33.00 32.50 34.00-28.20 27.50 30.50 3.5450 3.2250 3.6500 3.500% /20071 /20071 20071 Bloomberg 33.5 33.4 33.3 33.2 33.1 33.0 32.9 32.8 32.7 32.6 32.5 32.4 32.3 32.2 29.2 29.0 28.8 28.6 28.4 28.2 28.0 27.8 27.6 27.4 27.2 27.0 26.8 26.6 26.4 9800 9600 9400 9200 9000 8800 8600 8400 8200 8000 7800 7600 7400 7200 Bloomberg 2002100 Bloomberg 01/02/07 07/03/06 01/02/06 +0.36% +0.07% +1.64% 2002 2003 2004 2005 2006 2007 102 101 100 99 98 97 96 95 94 93 92 91 90 89 88 01/02/07 07/03/06 01/02/06 SMBC, Bloomberg -6.40% -3.31% -4.45% 9FRB50bps 119132.200 12 12.5bps 141
SMBC November, 2007 HKD- SMBC Singapore, Bloomberg As of 11-09-07 1USD=HKD 100JPY=HKD 1HKD=JPY Spot 7.7822 - - - 7.0310 - - 14.22 - - 6.00% 07Q4 7.7800 7.7550 7.8050 7.7800 7.0730 6.8500 7.4100 14.10 13.50 14.50 6.00% 08Q1 7.7700 7.7500 7.8000 7.8000 7.4000 6.8950 7.7500 13.50 13.00 14.50 5.75% 08Q2 7.7600 7.7500 7.7900 7.8000 7.2520 7.0700 7.7500 13.80 13.00 14.00 5.75% 08Q3 7.8000 7.7500 7.8200 7.8000 7.0910 6.9100 7.5950 14.10 13.00 14.50 6.00% 08Q4 7.8300 7.7750 7.8500 7.8000 6.8090 6.6350 7.4250 14.70 13.50 15.00 6.25% 09Q1 7.8000 7.7750 7.8500-6.6670 6.4950 7.1300 15.00 14.00 15.50 6.50% /20071 /20071 20071 Bloomberg 7.835 7.830 7.825 7.820 7.815 7.810 7.805 7.800 7.795 7.790 7.785 7.780 7.775 7.770 7.765 7.760 7.755 7.750 7.745 6.95 6.90 6.85 6.80 6.75 6.70 6.65 6.60 6.55 6.50 6.45 6.40 6.35 6.30 32000 31000 30000 29000 28000 27000 26000 25000 24000 23000 22000 21000 20000 19000 18000 Bloomberg 2002100 Bloomberg 01/02/07 07/03/06 01/02/06-0.36% -0.18% -0.02% 2002 2003 2004 2005 2006 2007 101 100 99 98 97 96 95 94 93 92 91 90 89 88 87 86 85 01/02/07 07/03/06 01/02/06 Bloomberg -6.87% -3.66% -6.46% HKMA119 HKMA 9 17%10%0.4% 5%