Epstein Secrets

756 yuan) Leading European Sectors: Trav/Les +1.47%, Banks +0.90%, Real Estate +0.89% Lagging European Sectors: Oil & Gas -0.54%, Chemicals -0.23%, Utilities -0.16% SWY raises div — MFLR merger agreement — WAB stock split div raise Secondaries (announced/priced): THC, CVRR, RH, RMTI, ACAD, SPF, AINV, FLT

st 464.26 yen, buying back 376 yen preferred shares • Mitsubishi UFJ net profit slides in last FY but comes in much better than its own outlook • Tencent earnings out 30min ago (O1 net 4.04 billion yuan versus estimate 3.756 yuan) Leading European Sectors: Trav/Les +1.47%, Banks +0.90%, Real Estate +0

d vol & skew Market may trade on Buy EEM puts financed by a basket of EM puts to lever near record low correl Hedge a potential China tech bubble; Tencent potentially volatile after a 45% rally YTD Hedge the upside into MSCI announcement on 20-Jun Fundamental case to be long EU equities remains intact

BofA ML turned neutral in EM in the short-term Close positions from trades that have benefited thus far from the rally in Financials and weakness in Utilities; monetize view that Fed will not hike in September Take advantage of low near term vol and a steep term structure Unwind Oct/Jan spread and maintai

c-17 expiry 6m Sep-17 expiry Rationale Buy EEM puts financed by a basket of EM puts to lever near record low correl Hedge the China tech bubble; Tencent unlikely to stand still after a 45% rally YTD Hedge the upside into MSCI announcement on 20-Jun Fundamental case to be long EU equities remains int

BofA ML turned neutral in EM in the short-term Close positions from trades that have benefited thus far from the rally in Financials and weakness in Utilities; monetize view that Fed will not hike in September Take advantage of low near term vol and a steep term structure Unwind Oct/Jan spread and maintai