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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Ahda who wrote (2433)	2/4/2000 3:35:00 PM
From: Hawkmoon	Read Replies (2) of 3536

Employment was up but the wage index was as expected, and only up 3.5% from January last year to this January.. .and easily outpaced by productivity. As for the Euro, it is likely a dead cat bounce or a response to the ECB's surprise .24basis point hike aimed at defending the Euro. Can't tell you about gold.. Most likely involved in the squeeze we saw yesterday in bonds and a result of some turmoil. Lot's of turmoil, but I'm not convinced we're heading for a financial seizure similar to LTCM. That's my reading. Regards, Ron

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