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To: Jon Koplik who wrote (19077)12/3/1998 9:01:00 AM
From: Sawtooth  Respond to of 152472
 
08:34 BANK OF SPAIN CUTS BENCHMARK RATE TO 3.0% FROM 3.5%.
08:28 CBI'S BARKER REPEATS CALL FOR 50 POINT RATE CUT NEXT WEEK.
08:28 CBI'S BARKER SEES AT LEAST 25 BP U.K. RATE CUT NEXT WEEK.
08:25 BBK'S TIETMEYER SAYS RATE CUT BASED ON ECONOMIC OUTLOOK IN EURO ZONE.
08:25 BBK'S TIETMEYER SAYS RATE CUT NOT DRAMATIC, NOT POLITICAL.
08:20 BANK OF PORTUGAL CUTS REPO RATE TO 3.0% FROM 3.75%.
08:20 GERMAN STOCKS JUMP ON RATE CUT, DAX UP 2.6% -DJ.
08:20 IRISH CENTRAL BANK CUTS REPO RATE 65 BPS TO 3.04%.
08:16 COUNTRIES CUTTING RATES: SPAIN, ITALY, FINLAND, AUSTRIA.
08:16 BANK OF ITALY CUTS DISCOUNT RATE TO 3.5% FROM 4%.
08:16 AUSTRIA CUTS REPO RATE TO 3.0% FROM 3.2%.
08:16 FINLAND CUTS TENDER RATE TO 3% FROM 3.40%.
08:16 COUNTRIES CUTTING RATES: FRANCE, BELGIUM, NETHERLANDS, PORTUGAL.