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To: GST who wrote (40201)	2/15/1999 9:22:00 PM
From: Sarmad Y. Hermiz	Read Replies (2) \| Respond to of 164684

GST, <Damage control in Japan -- yen down, bond rates down, GLOBEX getting a bounce. > I see the Yen at 114.4 / $1. that is just slightly down from 114.2 on Friday. It seems like just normal jitter. What is the Globex (and where do you get quote ? I don't see it in Yahoo.) There is another source of mud in the mix which is the US trade deficit. Japans surplus was very large. I think China's surplus will be large. My guess is the US deficit will be large - another record. That calls for lower dollar, upward pressure on interest rates. Of course that may be countered by low inflation later in the week. -Sarmad