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5bps. Despite concerns on the Fed, the VIX fell 0.32 vol points to 10.38, and SPX 1m ATM implied vol declined 0.3 vol points to 7.6%. Chart 13: The Nasdaq has set a new record for consecutive days without a 5% peak-to-trough drawdown 160 «2 136 140 120 100 Bo 80 60 40 Be 20 SSeS 0 16-Jun-17 14-J
Page: HOUSE_OVERSIGHT_014978 →AFS License 235132 (MLEA) distribu affiliates involved in preparing this research report is an ion or distribution of this the DFSA. Research re he Australian Prudential Regulation Authority. pplicable regulations. Merrill Lynch (DIFC) is au by BaFin. lates in the nal, regulate oO ustral | ndustry Regu na}: Merrill Lynch (Seou ent | a
Page: HOUSE_OVERSIGHT_014999 →oes Bankof America 4 Global Equity Volatility Insights | 06 June 2017 Merrill Lynch HOUSE_OVERSIGHT_023578 --- PAGE BREAK --- Chart 9: In May, the Nasdaq recorded its longest streak of monthly gains since 2009 (7M). However, compared to the only other instances of longer streaks (‘86, ‘95) the current
Page: HOUSE_OVERSIGHT_023579 →ge Act in Japa uted in In ons) by Band Merrill Lynch (S ia) Limited (ABN 65 006 276 795), AFS License 235132 (MLEA) distribu BANA Australia, nei he Australian Prudential Regulation Authority. pplicable regulations. Merrill Lynch (DIFC) is au s of the DFSA conduct of business rules. Bank of America Merri by BaFin. n-US affil he US. An i
Page: HOUSE_OVERSIGHT_023609 →_025983 --- PAGE BREAK --- Week in review & notable trends (US) US equities at new all-time highs on upbeat employment report Both the S&P500 and NASDAQ finished the week higher marking fresh all-time highs as the July nonfarm payrolls and average hourly earnings came in better-than-expected. As a res
Page: HOUSE_OVERSIGHT_025984 →of its affiliates involved in preparing this research report is an Authorised Deposit-Taking Institution under the Banking Act 1959 nor regulated by the Australian Prudential Regulation Authority. No approval is required for publication or distribution of this report in Brazil and its local distribution is by Merrill Lynch (Brazil) in accordan
Page: HOUSE_OVERSIGHT_026002 →Entities connected to both Nasdaq and Australian Prudential Regulation Authority

Donald Trump
PERSON
Marc Rich
PERSON
United States
LOCATION
U.S. Treasury
ORGANIZATION
Jeff Sessions
PERSON
Michael Bloomberg
PERSON
Frankfurt
LOCATIONDoug Band
PERSON
United Kingdom
LOCATION
Merrill Lynch Global Equity Volatility Insights
ORGANIZATION
KOSPI2
ORGANIZATION
Merrill Lynch Global Wealth Management
ORGANIZATION
Benjamin Bowler
PERSONthe Financial Supervisory Service
ORGANIZATIONHSCEl
ORGANIZATION
Merrill Lynch
ORGANIZATION
William Chan
PERSONUtilities
ORGANIZATIONMerrill Lynch Securities (Taiwan) Ltd.
ORGANIZATION