Nuno Camara
Nuno Camara
appreciation boost debt domestic equity extremely further improvement lead positive removal tax
The removal of this tax is extremely positive and should lead to a further improvement in Brazil's domestic debt profile, a further appreciation of the real and boost the equity market.
economic market perception policies
The market has the perception that the economic policies will continue.
coming figures government market starting
The market is eyeing government figures very attentively and will do so even more in coming months. If we don't see a reversal starting in June, it's going to start to be a concern.
aggressive currency declines extend prospect rate
The currency may extend declines because of the prospect for further, more aggressive rate reductions.
appreciation currency debt emerging further improve markets people reinforce seen trading trend
People trading in emerging markets are excited. This should reinforce the trend of appreciation we have seen in the currency and further improve Brazil's debt profile.
efficient markets outcome perceived positive rightly seen view wrongly
In our view this outcome is positive for Serra was seen by the markets as a micro manager. Someone who is an efficient administrator but who is also -- rightly or wrongly -- perceived as very interventionist.
central confident good growth inflation interest news number prospects rate slowing within
Within the central bank, the number of those confident over the prospects of slowing inflation is growing. This is good news for the interest rate and growth scenario.