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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (5710)	1/22/2004 2:07:28 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 110194

tippet read some statistics about EZ they are quite desperate. Italy has lowest confidence and 2/3 disagree with their gov. Jan. 22 (Bloomberg) -- French consumer spending growth slowed in the fourth quarter and Italian households were more pessimistic this month than at any time in the past 10 years, signs that Europe's export-led recovery remains fragile. quote.bloomberg.com some statements from EZ ministers * Germany's Deputy Finance Minister Caio Koch-Weser said the euro should not bear the brunt of global imbalances and it was wrong to say that Group of Seven finance ministers would not agree on a plan to stop the euro's rise. * The European Central Bank repeated its message that it is worried about big currency swings, but gave no signs its outlook for a gradual euro zone economic recovery is about to change. * French Industry Minister Nicole Fontaine called on the European Central Bank to "seriously address" the problem of currency market instability "With my deepest respect for its independence, I would like to see the European Central Bank seriously address the problem (of currency market instability), as it has finally started to do," French Industry Minister Nicole Fontaine told reporters. reuters.com