61. Traders had feared a fall in the rate could herald a round of wage-inspired price hikes and subsequent Fed action to tigthen credit. 62. Traders had feared that if Sumitomo suddenly unloaded its contracts it could cause prices to tumble. 63. Traders now fear that the Indian summer across Europe will delay harvesting and supplies. 64. Wall Street opened lower as traders feared that too steep a decline in economic growth would affect US company results. 65. Japanese traders feared that the imposition of a fresh administration by Russian President Boris Yeltsin might further delay exports. 66. London traders feared that European producers might hold back sugar earmarked for export to rebuild EU stocks. 67. London traders had feared that Sumitomo would decide to unload suddenly its loss-making contracts acquired by Hamanaka. 68. Market traders fear the sharp drop in unemployment will encourage the Federal Reserve to tighten US monetary policy sooner than expected. 69. On Wall Street, traders fear that the main effect will be the transfer of funds to the bond market to take advantage of the higher rates. 70. Some traders fear that German economic growth, stronger than expected in the third quarter, may lead the Bundesbank to decide to stop lowering interest rates. |