51.   Expectations of a cut in German rates could give it room to leave rates unchanged for now.

52.   Expectations of lower German rates supported high-yielding European bonds as they would ease pressure on other countries to continue raising rates, analysts said.

53.   Expectations that Italian rates are poised to fall while German rates rise are highlighted by recent movements in money markets.

54.   Expectations for lower German rates grew after its chief economist, Otmar Issing, hinted at the possibility a week ago.

55.   Expectations of a German rates rise came from a report that German plant and machinery orders surged in September.

56.   Expectations that German rates will rise slumped in recent weeks as reports showed slowing money supply growth, waning business confidence and falling wholesale prices.

57.   Expectations the Bundesbank may lower German rates are supporting the dollar, traders said.

58.   European stock indexes reached new highs and bonds rose as a surging dollar, sound company profits and lower German rates encouraged investors.

59.   European stocks and bonds fell, extending losses after the Bank of England unexpectedly raised U.K. interest rates and the Bundesbank left German rates unchanged.

60.   Expectations for lower German rates boost the dollar as they would make relatively higher yielding dollar-denominated deposits more attractive.