1.   A series of small orders from local buyers in Latin America boosted prices and led traders expecting further declines to buy bonds to cover shorts, dealers said.

2.   That led traders first to sell bonds, then stocks.

3.   The Australian dollar rose as a rally in the Australian stock market and a tumble in U.S. markets led traders to Australian dollar-denominated assets.

4.   The dollar rose against the yen as Japanese stocks fell on concern more bankruptcies are in store after the collapse of leading food trader Toshoku Ltd., traders said.

5.   And expectations of a lower dollar lead traders to sell, pushing the U.S. currency down further.

6.   Britain had lowered its short-term lending rates a day earlier, leading many traders to expect similar moves Thursday by Germany and other European nations.

7.   The rise in consumer prices was higher than expected, leading currency traders to shed the krona and bond markets to rise.

8.   Leading trader Mitsui will provide electronics giant Toshiba with information on fledgling data processing companies in the United States.