Reuters reports that a trader on Brazil's Bovespa trading floor shot himself in the chest today in an apparent attempt at suicide. The trader employed by Itau was rushed to hospital in a serious condition. UPDATE: Here's Bloomberg with an English language version.
In other news, another headsup from a kind reader (but this one I'd noticed already) was the block of 1m shares that went through at $0.16 about an hour ago on Inca Pacific (IPR.v).
Meanwhile in Chile, October copper sales way, way sucked and were 28.5% down in value YoY. Here's the link. One thing to note here is how Chile has dropped its 2009 average copper price forecast from $3.10 to $1.65.....man, even the Chileans were caught on the hop by this collapse (which makes me feel a little better...just a little).
Ecaudor's 2012 bonds traded up today. Gained 10%. Hooda thunkit?
In other news, another headsup from a kind reader (but this one I'd noticed already) was the block of 1m shares that went through at $0.16 about an hour ago on Inca Pacific (IPR.v).
Meanwhile in Chile, October copper sales way, way sucked and were 28.5% down in value YoY. Here's the link. One thing to note here is how Chile has dropped its 2009 average copper price forecast from $3.10 to $1.65.....man, even the Chileans were caught on the hop by this collapse (which makes me feel a little better...just a little).
Ecaudor's 2012 bonds traded up today. Gained 10%. Hooda thunkit?
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/base/copper-d.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent USD from www.kitco.com]](http://www.weblinks247.com/indexes/idx24_usd_en_2.gif)
2 comments:
Hmmm...hmmmmmmm...whatever could it mean? Maybe that the "Brazilian model" (no, NOT Gisele) isn't as solid as it's been cracked up to be? And surely it has nothing to do with the fact that Ecuador (ruled by an actual economist) is not defaulting on anything, but merely thinking twice about paying the interest that keeps other people's bubbles inflating?
Some sources (sorry, I lost 'em) said the trader that shoot himself was afraid to lose his job because, you know, Itau bought Unibanco and such.
Anyway, he suffered from depression: http://oglobo.globo.com/pais/mat/2008/11/17/operador_dispara_tiro_contra_si_mesmo_dentro_da_bm_f-586440558.asp (in Portuguese)
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