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Strategies & Market Trends : Commodities - The Coming Bull Market -- Ignore unavailable to you. Want to Upgrade?

To: craig crawford who wrote (610)	7/24/2001 8:09:00 PM
From: craig crawford	Respond to of 1643

Tuesday July 24, 9:59 am Eastern Time Dollar Eases, Market Eyes Greenspan biz.yahoo.com EASING EURO ZONE INFLATION SEEN HELPING ECB Germany reported on Tuesday that pan-German inflation slowed to 2.7 percent year-on-year in July from 3.1 percent in June, below market consensus. ``The inflation numbers bring closer the day the ECB will cut rates,'' said Julius Baer's Strauss. ``But the jury is still out as to whether that will steady up the euro or cause it to sell off insofar as the ECB is so far behind the Fed in terms of rate cuts,'' he said. Germany's key Ifo survey of business sentiment fell to a five-year low in June. News that French household spending surged 1.5 percent in June, reversing declines in the previous two months, also offered the euro some cheer, but this was countered by news Italian business confidence fell in the same month to its lowest since May 1998.