71. Trading on the European currency market here was extremely light and dealers were not expecting the publication of any economic statistics which might move the market. 72. London dealers had expected to see Iraqi oil return to the market in the month of September. 73. Market sentiment was also lifted as dealers were expecting a number of retail groups to make positive statements about the volume of Christmas trade later in the week. 74. London dealers had expected GDP to fall by one percent. 75. Many dealers expect no change in monetary policy from the meeting between the chancellor and the Bank of England governor. 76. Most dealers had expected capital to be increased by the end of this year. 77. Most French dealers did not expect the German central bank to cut its rates at the Thursday meeting. 78. On exchange markets, dealers are expecting a strengthening in the Japanese yen, according to the IMF. 79. On Thursday and Friday the dollar fell by six pfennigs against the mark and dealers had expected to see a rally on Tuesday. 80. Other dealers expected rate-sensitive property and banking stocks to perform well. |