All those who had risen on Internet prospects are now falling with the technology collapse in the states. |
Argentina is still a big factor in markets' behavior. People are worried about Brazil's currency and about its economic recovery. |
Brahma was one of the highlights, though there was no clear reason. |
Due to these two factors, the market is in waiting mode. |
Emerging market stocks were hit hard today, along with their bonds. Lingering fears over higher U.S. interest rates triggered profit-taking again, one day after we saw some good rallies. |
It means that volatility will stay here for a month or so. |
It was already available, it doesn't change the picture at all. |
Our decline was all in function of what was happening outside Brazil. But we were also with an accumulated rise of 14 percent and we needed a reason to take profits. |
Stocks in New York were exploding. And the local market got a boost in the electrical energy sector. |
The (stock) market nervously followed New York again, slightly affected by the delay in ruling on the FGTS workers' fund. But we weathered New York fall quite well. |
The entire world is watching the Dow Jones, which is not recovering as strongly from the last fall and is scaring people a little. |
The fiscal numbers that came out this morning started worrying investors. |
The market's outlook is simply bright. |
The markets aren't expecting as big a cut in interest rates tonight. For foreign investors the yellow light has gone up and caution is on the rise. |
The moment investors confirmed the size of the rate hike, they jumped to buy stocks. Needless to say, the U.S. stock market rally is also helping sentiment. |