Enrique Alvarez

Both countries are convinced they're going to meet their future financing needs on the domestic markets.

Both countries are convinced they're going to meet their future financing needs on the domestic markets.

In general it's a healthy profit taking move for the EM market, and for the domestic markets in Latin America read more

In general it's a healthy profit taking move for the EM market, and for the domestic markets in Latin America as the stock and currency markets are coming off.

It is going to be a Fed week. The market is 100 percent in sync with a quarter of a read more

It is going to be a Fed week. The market is 100 percent in sync with a quarter of a percentage point rise for Fed fund rates at 4.75 percent.

Next week is characterized by very low liquidity in Brazilian financial markets, and no major economic data are released.

Next week is characterized by very low liquidity in Brazilian financial markets, and no major economic data are released.

Overall, you have a very technical market pushing us to historical highs because once people got a feel for these read more

Overall, you have a very technical market pushing us to historical highs because once people got a feel for these higher levels, it has been an easy push to the upside and has been helped by lack of liquidity.