The market is hungry for details of the Argentine swap and there are no details. There is also no answer to the question if Congress will be setting up a government corruption probe.

The market isn't very favorable. We are following New York.

The market was good today, though foreigners are still not buying too much here.

But volume is low and there isn't much interest around unfortunately.

Investors are beginning to sell the issue as there won't be anything to roll over to.

Investors are interested in Brazil because the prices are very cheap.

In the United States, there's the question of technology companies' earnings that is complicating matters. The market is highly volatile, with options expiration, oil prices falling. It's a combination of many things.

If you put all that together you end up with a reduction in volume.

The restructuring is expected to benefit CSN more than anyone else.

The Wall Street recovery is impressive. But there, as well as here, the market is still very, very bearish.