The U.K. is an eye-grabber. These are petrodollars coming from the OPEC countries through intermediaries in London. Petrodollars continue to be very sensitive to interest rate differentials.
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I think it was a day of market psychology taking over and looking at those crude prices, because there was nothing else to pay attention to.David Powell
Lisa was known for saying to her students and to her friends, 'Shoot for the moon. Even if you miss, you'll land among the stars.' And today, she's landed among the stars. She's in heaven with her Father.
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Peter Lehmann saved the growers, and Robert O'Callaghan stood in front of the bulldozers waiting to pull out the old vines. To keep the growers in business, Lehmann bought their fruit, made it into wine, and told the growers they would be paid when the wines were sold. It might have taken him three years, but the growers got paid.
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The previous month was huge, so of course we were expecting a weaker number. The important thing is how it compares with the month's trade deficit.
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This should help the greenback continue the rally experienced over the last few weeks and leave the market focusing on further dollar gains related to a potential move of the fed funds rate to 5.00 percent.
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Based on Keywords: differentials, intermediaries, petrodollarsI have often thought that if a rational Fascist dictatorship were to exist, then it would choose the American system.
Noam Chomsky
Chicago will give you a chance. The sporting spirit is the spirit of Chicago.
Lincoln Steffens
But just as haste and restlessness are typical of our present-day life, so change also takes place more rapidly than before. This applies to change in the relationships between nations as it does to change within an individual nation.
Gustav Stresemann