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To: Alex who wrote (41837)10/2/1999 1:50:00 AM
From: PaulM  Read Replies (1) | Respond to of 116756
 
Monday Sep 27 (Karachi) - Trading in Gold Temporarily Suspended

(this was the prelude to the article you posted)

dawn.com



To: Alex who wrote (41837)10/2/1999 8:44:00 AM
From: goldsnow  Read Replies (1) | Respond to of 116756
 
A good Tankan could spur another wave of international
investment in Japanese stocks, boosting demand for yen, analysts
said.
``Expectations are that (the survey) is going to be a marked
improvement and probably the yen will work its way up to 100 (yen
per dollar),' said James Culnane, senior trader at Norddeutsche
Landesbank. That would bring the currency to its strongest level
against the dollar since the end of 1995.

quote.bloomberg.com

PS Inertia is a very powerful mechanism....That IMO explains how sharp people like Kudlow's of the World fail to grasp that cheap influx of forein made "disinflation" is just about over, that vicious competition for oil/commodities has resumed....It is just we are in such a weak state of mind, cought unprepared for rising interest rates, clinging to New Paradigm?Productivity invincibility..
I bet you no intervention could breathe much life into the sagging dollar....It is harvest time for Strong Dollar policy fiasco...Would be interesting to see Clinton's approval rate polling in next few months..<gg>