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is starting to approach silver 300% 250% 200% 150% 100% 50% 0% 3M-rolling annualized stdev of daily returns -Silver —Sltcoln —Gold Source Blomberg BoWAMm11 Lynch Gbbal Research A wide array of risks obscure the future of cryptocurrencles When examining the safety of any asset, volatility is no
ynch Global Research Bank of Amenca "ra" Merrill Lynch Global Liquid Markets Weekly I 24 July 2017 17 EFTA00788491 Commodities Sabine Schels Francisco Blanch MLI (UK) MLPF86 Get ready for a gas rally • The recent drop in US nat gas prices hard to justify and the underlying fundamentals are painting
ized by Institutional Investor, Extel, Greenwich, Bloomberg, or Energy Risk, among others. Previously he was
the short notice but they just created this based on client request. ° Monday, January 30 at 10:15am at One Bryant Park (42" St & 6" Ave), Room 5F Francisco Blanch is a managing director and head of Global Commodities and Derivatives Research. Regular Research publications include: The Global Energy Weekly, Comm
Page: HOUSE_OVERSIGHT_014695 →ns of SAR14bn that PIF administers). According to Bloomberg, PIF had stakes in publicly listed companies on T
B BBB- BB+ BB BB- B+ B B- ccc+ ccc Source: Bloomberg BofA Merrill Lynch Global Research. Commodities: NTP adds to medium-term oil market tightness Francisco Blanch Peter Helles MLPF&S MLI (UK) [email protected] [email protected] The Saudi National Transformation Plan (NTP) suggestion that production
Page: HOUSE_OVERSIGHT_016146 →Entities connected to both Michael Bloomberg and Francisco Blanch

Jeffrey Epstein
PERSON
Bloomberg L.P.
ORGANIZATION
Donald Trump
PERSON
Richard Kahn
PERSON
United Kingdom
LOCATION
Philippines
LOCATION
Merrill Lynch
ORGANIZATION
Bank of America
ORGANIZATION
Seoul
LOCATIONPierce, Fenner & Smith Incorporated
ORGANIZATIONthe Dubai Financial Services Authority
ORGANIZATION
Columbia University
LOCATIONMerchant Bank
ORGANIZATION
Merrill Lynch Global Wealth Management
ORGANIZATION
the Financial Services Agency
ORGANIZATION
Hungary
LOCATIONThe Financial Service Board
ORGANIZATION
Malaysia
LOCATION
Bank of America Corporation
ORGANIZATIONBaFin
ORGANIZATION