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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Rick Faurot who wrote (8223)	1/18/1999 2:08:00 PM
From: Junkyardawg	Respond to of 90042

Thanks. Only get to post occasionally (when dawg is at work or asleep). sheila

To: Rick Faurot who wrote (8223)	1/18/1999 3:04:00 PM
From: Rick Faurot	Respond to of 90042

<< LONDON (CBS.MW) -- Europe's equity markets surged Monday on relief that a short-term fix is in place in Brazil, and more merger euphoria. Brazil's central bank announced Monday that it's has decided to officially let the real float free. Brazilian stocks also gained. "There's a follow-through on relief that Brazil's devaluation has come through at a level people expected rather than [at the government's] attempt to control it at a shallow level," said Tim Harris, a London-based European equity strategist at JP Morgan. London's FTSE 100 index closed up 3.1 percent, or 182.90 points at 6,123.90; Frankfurt's Xetra DAX gained 2.1 percent, or 103.08 points at 5,076.85; and the Paris CAC 40 finished up 1.83 percent, or 74.01 points at 4,128.82.>>