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Gold/Mining/Energy : Euro Impact on Gold, USD ... -- Ignore unavailable to you. Want to Upgrade?


To: banco$ who wrote (52)10/28/1998 12:47:00 PM
From: James Anderson  Read Replies (1) | Respond to of 289
 
historical european currency data
does anyone know of a site which would give historical data on the european currencies? thanks in advance, James.



To: banco$ who wrote (52)11/3/1998 12:06:00 AM
From: banco$  Read Replies (1) | Respond to of 289
 
29 October 1998, 8.3 BN ECU EURO-ZONE SURPLUS WITH REST OF THE WORLD IN JUNE 3.2 bn for the EU15

The Euro-zone1 had a trade surplus with the rest of the world of 8.3 billion ECU this June. This gave a total surplus of 32.8 bn for January-June, down 3.4 bn on the same period last year.

Extra-EU trade was 3.2 bn in surplus in June. But there was a surplus of only 0.6 bn in the first six months compared to 16.1 bn in January-June last year.

The figures come today from Eurostat, the Statistical Office of the European Communities in Luxembourg.


Strong growth January-June

Extra-trade growth in first six months of this year was stronger for imports than exports for both the EUR-111 and EU15. And, after several years of lagging behind external trade, that within the single market is now growing at the same rate.

EU trade with USA was well up in the first six months (+16% for both exports and imports over same period a year earlier). Effects of the situation in Asian financial markets can be seen in a fall in exports to Japan (-14%) and Hong Kong (-7%). But imports from both these countries continued to grow strongly (+16% and +21%). As a result the
trade deficit with Japan rose strongly to -17.3 bn ECU in the first six months.

In January-June, Germany still enjoyed the largest surplus (34.4 bn ECU), while the UK deficit rose strongly to -18.8 bn. Ireland continued to show strong growth, with a rising surplus.




To: banco$ who wrote (52)11/9/1998 9:51:00 PM
From: banco$  Read Replies (3) | Respond to of 289
 
Treasury speaks out-"Euro will not pose threat to U.S. dollar-Summers"
biz.yahoo.com

The euro could underscore U.S. debt dependence and offer an alternative, producing inflation for the U.S.

"It (Euroland) runs a big trade surplus and has five times more gold and currency reserves than the U.S." (Wall St. Journal, May 4, 1998)

American debt:
brillig.com