Gabriel Jafet Quotes (11 Quotes)


    I think the move is due mostly to the closing of the month and first half, which is a bit artificial.

    The rate hike itself was in line with expectations, though the text warning of inflation was a bit worrying.

    There are expectations that the Fed will cut rates, which may allow Brazil's Central Bank to do the same.

    This fall is 100 percent Nasdaq. There are no local factors today.

    It looks like the market is operating independently of Wall Street today. It is a normal fight between bulls and bears ahead of the options redemption.


    The market was very nervous in the last minutes as (the tech-heavy U.S.) Nasdaq dove sharply. It was pure Nasdaq influence - nothing else.

    Everyone is waiting for Wednesday, and it looks like the futures market bears have used the wait-and-see mood to sell a bit and play downwards.

    The market was dead almost all day, but at the end some people appeared to believe that tomorrow interest rates will be lower and the political situation will improve.

    The market seems to be tied more to the Dow nowadays than it is to Nasdaq and brokers seemed to have used this small decline there as a pretext to sell and make some profit.

    The market was really just accompanying Wall Street. The ongoing uncertainty over U.S. interest rates was making investors reluctant, especially with Greenspan speaking near the close.



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