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Mix-Ansicht- Devisen-Trader-Talks - Frank1, 10.11.2000, 08:17
Devisen-Trader-Talks
10.11.2000, 08:03:00
he Market is getting bearish on $ mostly due to the"us election show"- following what seems us equity market had shown already for 2 days... and also on ECB intervention fears again..USA market could be short staffed today due to veterans day, but it is no official holiday..traders want to sell usd/chf on rallies close to 1.7600 and buy euro/usd on dips to 0.8640-45
10.11.2000, 08:02:00
OIL- IEA said still serious concern about extremely low heating oil stocks in key regions, sees supply 1.3 mln bpd over demand in Q1, assuming stable opec output..this sent prices up in NY to $ 34.00 before settling lower again and closing at $ 33.92...on access december contract trades now up 5 cents at $ 33.97
10.11.2000, 08:01:00
US election news: *Bush leads by 229 vote margin with 1 Florida county still to go*.......many in the market believe the election mess in USA may play a bigger role for markets the longer the process goes on - the Gore camp has alreaday requested a recount by hand in 4 Florida counties - also leagel challanges in Floriday must be filed within 10 days of final tally to be heard in state courts with ultimat decision by supreme court.. also Gore's popular vote margin is less than the historically narrov 1960 Kennedy-Nixon race and already there is one recount under way in New Mexico with risk of more in other narrow wins...It looks like the final outcome will take quite a while from here.....***Florida palm beach county.. saying they will not report recount figure thursday.. they willl start new recount saturday...
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