It is quite a big relief, showing that a solution to the Argentine crisis is close.
More Quotes from Helio Ozaki:
Here, the worry of U.S. rates is even greater because it could mean higher borrowing costs abroad and fewer investments to the country in general.Helio Ozaki
There are a few things worrying the market today, but the most relevant is New York.
Helio Ozaki
The bank probably felt the dollar had gained enough in the past days, and it didn't want to put more pressure in the market.
Helio Ozaki
Argentina has finally given a sign of tranquility, and the market felt free to rise. Investors also got some good news on our primary budget surplus, which is an important factor for foreigners.
Helio Ozaki
Nobody here wants to be surprised by bad news from the Fed. People are taking profits ahead of the meeting rather than remain vulnerable.
Helio Ozaki
The market is volatile due to instability there abroad. The market is lacking personality it is hostage to foreign markets.
Helio Ozaki
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