Epstein Secrets

folio we are long SX7E + EURUSD for higher EUR Rates so thought an =pdate necessary 4 points we would make - 5 EFTA_R1_01899703 EFTA02655032 1. Ralf Preusser =akes the point that this is a further indication of the rift between =he hawks and doves and therefore makes June a more heated meeting.. in =tself

or use of the contents thereof are prohibited. There may =e more recent information available. Please visit one of the electronic venues that carry BofA Merrill Lynch Global =esearch reports or contact your Bank of America Merrill Lynch =epresentative or Merrill Lynch Global Wealth Management representative =or further

t EUR/JPY Athanasios Vamvakidis | 21/01/20 30/09/2016 Short EUR/USD Athanasios Vamvakidis | 08/07/20 04/11/2016 Short EUR 5Y5Y inflation breakevens Ralf Preusser 22/01/20 23/01/2016 Buy 30y real rates (bp) Ralf Preusser 22/01/20 24/05/2016 Receive EUR pay US 5y5y fwd (bp) Ralf Preusser 22/01/20 27/05/2016 F

art, or in any form or manner, without and client websites and other portals by BofA review of this research report consti (including any investmen BofA Merrill Lynch Global hould consult their ow ny BofA Merrill Lynch en n public information. Fac pa | ities. None of MLPF&S, any of i Research policy prohibits rese conta

rtionate to index weights 70 60 50 40 30 20 10 0 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 — 2% —<0% 4 0.5 1 1.5 2 Source: Eurostat, BofA Merrill Lynch Global Research Source: Eurostat, BofA Merrill Lynch Global Research Core inflation at 0.8% is barely above the 2015 low of 0.6%. One statistic that often

of America “2 Global Rates, FX & EM 2017 Year Ahead | 16 November 2016 27 Merrill Lynch HOUSE_OVERSIGHT_014757 --- PAGE BREAK --- Best Vol Trades Ralf Preusser, CFA Herve Belmas MLI (UK) MLPF&S ralf [email protected] [email protected] Sphia Salim Christopher Xiao MLI (UK) MLPF&S [email protected]