[107984] in Cypherpunks
Trader, Your Weekly INO Global Market Update has arrived.
daemon@ATHENA.MIT.EDU (INO GLOBAL Markets)
Sat Jan 30 23:40:11 1999
From: INO GLOBAL Markets <steve@ino.com>
To: Trader <cypherpunks@algebra.com>
Date: Sat, 30 Jan 1999 23:32:32
Reply-To: INO GLOBAL Markets <steve@ino.com>
W E E K L Y F I N A N C I A L U P D A T E
from
I N O G L O B A L M A R K E T S
10x More Visits Than Disney World!*
For 1/30/99
Dear Trader,
Here is a summation of what happened last week in the markets.
Robust US economic growth propelled the dollar and the stock
markets, while big swings in the commodity markets canceled each
other out and the Bridge/CRB Index closed virtually unchanged at
189.74. Even US Treasuries, benefiting from the financial turmoil
in Brazil, held up well in the face of economic data that showed US
fourth quarter GDP soaring 5.6%. By contrast, the euro fell to
fresh lows on expectations of rate cuts needed to revive euro-zone
economies. Among the weaker commodity futures contracts were
soybeans, which fell to their lowest levels in over 10 years, and
natural gas. Crude oil, however, finished the week on a strong
note as Venezuela agreed to comply with OPEC production cuts.
Reported by Alex McCallum Editorial Director, INO Global Markets
*INO averages 500,000 hits/day on weekends; 2,500,000 hits/day
Mon-Fri. 1997 Disney World attendees, all 3 parks, averages
108,000/day
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"The Yen will probably continue to maintain the current level or get a
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