1. An edgy bond market was calmed by a purchasing managers report that came in below expectations, easing concern that the Fed would raise interest rates. 2. A return to relative stability in Asian stock markets has also calmed the market, they said. 3. But Obuchi and Clinton, in a break from past practice, are making no joint public appearance to help calm the markets. 4. But Mann believes that Brazilian president Fernando Henrique Cardoso is taking steps that may calm capital markets. 5. But the lift was not enough to calm foreign exchange markets or stem demands from abroad for action by the United States to bolster its battered currency. 6. But while the debt restructuring may calm Russian markets, the devaluation genie that has been let out of the bottle may produce even more turmoil in the economy. 7. Earlier in the day, Hans Tietmeyer, the president of the Bundesbank, had also sought to calm the markets. 8. Either appointment probably would calm the markets since they would stop the speculation. 9. Finance ministers are practiced at turning out statements specifically designed to calm the markets and create the appearance of consensus even if little exists. 10. Finance Ministry Hiroshi Mitsuzuka, seeking to calm financial markets said today that no institutions are in the immediate danger. |