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e maintaining our recommen- dation to underweight the Japanese yen. The Japanese economy continues to weaken against its peers, raising pressure on the Bank of Japan to engage in further quan- titative easing. We have also closed our preference for the Canadian dollar, which is less attractively valued after sol
not licensed, supervised or regulated in Bahian by the Central Bank of Bahrain and does not undertake banking or investment busi- ness activities in Bahrain. Therefore, Clients have no protection under local banking and investment services laws and regulations Belgium: This publication is not intended to
e appreciation of the yen, once again pushing the Bank of Japan’s (BOJ’s) 2% inflation target further into the futu
u of Labor Statistics BOE: Bank of England BOJ: Bank of Japan CAGR: compound annual growth rate CDS: credit de
ces given to any person by GSCo, GSI, and/or GSSP in Australia are provided ursuant to ASIC Class Orders 03/1100; 03/1099; and 03/1102 respectively. Bahrain: GSI represents and warrants hat it has not made and will not make any invitation to the public in the ingdom of Bahrain to subscribe for he fund. Th
Page: HOUSE_OVERSIGHT_014618 →Foreign Exchange We remain underweight the Japanese yen. The Japanese economy continues to weaken against its peers, leading to rising pressure for the Bank of Japan to engage in further quantitative easing. We have closed our preference for the Canadian dollar following its recent strength, and therefore close ou
Page: HOUSE_OVERSIGHT_025250 →amas) Ltd and is not intended for distribution to persons designated as a Bahamian citizen or residen under the Bahamas Exchange Control Regulations. Bahrain: UBS AG is a Swiss bank not licensed, supervised or regulated in Bahrain by the Central Bank of Bahrain and does not undertake banking or investment
Page: HOUSE_OVERSIGHT_025290 →Entities connected to both the Bank of Japan and Bahrain

Barack Obama
PERSON
United States
LOCATION
George W. Bush
PERSON
Donald Trump
PERSON
Marc Rich
PERSON
Middle East
LOCATION
United Arab Emirates
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John F. Kennedy
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Bloomberg L.P.
ORGANIZATION
United Kingdom
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Malaysia
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Saudi Arabia
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Riyadh
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Chile
LOCATION
Philippines
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Columbia University
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U.S. Treasury
ORGANIZATIONDoug Band
PERSON
Cyprus
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Luxembourg
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