71. The remarks were interpreted as positive for prices given the widely-held perception that production at Norilsk is still recovering from two November power failures, traders said. 72. Millon spoke in French, with one of his party interpreting his remarks into Arabic. 73. The market interpreted the remarks to mean the government wanted to see a weaker yen. 74. The minister had made remarks interpreted by some as pressuring the central bank to lower rates. 75. The markets interpreted his remark as a signal that the United States would not try to provoke a weakening in the dollar to reduce its trade deficit with Japan. 76. The markets responded favorably, with stocks and bonds posting gains as dealers interpreted the remarks as lowering the probability of an imminent hike in rates. |