11. A stronger dollar weakens demand for gold, widely used in jewelry, because it makes it more expensive for consumers buying in non-dollar currencies. 12. A stronger dollar weakens demand for platinum, which is also widely used in jewelry, because it makes the metal more expensive for buyers using other currencies. 13. But that same sentiment weakened demand at an auction of new five-year inflation-protected securities. 14. Crude oil futures in New York were lower today after a separate API report showed crude inventories rose last week, a sign of weakening refinery demand. 15. Construction-related issues fell as traders expressed concern that higher rates will weaken demand for copper and forest products. 16. Financial shares dropped as rising bond yields were interpreted as hurting their profit margins and weakening demand for consumer loans and mortgages. 17. Galvin said the problems included pricing pressures and weakening demand in semiconductors, coupled with startup costs and depreciation from adding new capacity. 18. Gold and other precious metals prices plunged after economic reports suggesting low inflation and a slowing U.S. economy weakened demand from both investors and industrial users. 19. Higher U.S. bond yields attracted stock investors and weakened demand for peso-denominated securities. 20. If it weakens its demands on Suharto, it faces a possible denial in Congress to furnish additional American funding. |