Brazilian Rates - November 11th, 2015

By Carlos Soares Rodrigues

Brazilian market continued the bearish movement started last Friday, after job market data from United States showed a strong job generation in the biggest economy of the world. Although trade balance numbers from China shows a deterioration in the second largest economy of the world and increase the expectations about a PBOC QE, the increment of 271,000 new employees in the United States enlarged the gambles about hike rates in next Fomc meeting. So that, Brazilian rates curves opened in this session as compared as Friday close.