Epstein Secrets

From: Daniel Sabba To: "Jeffrey Epstein" [email protected]> Subject: FW: Feria: B

From: Daniel Sabba To: "Jeffrey Epstein" [email protected]> Subject: FW:

From: Daniel Sabba To: "Jeffrey Epstein" [email protected]> Subject: FW: Feria: Brazil Daily Update Sent Wednesday, June 24, 2015 9:39:46 PM Original Message From: Isin Sumeng

w shows inflation converging to the 4.5% target in 2Q17. These forecasts assumed an exchange rate of BRL3.10/1.1SD (vs. BRL3.15/USD in March) and a SELIC rate of 13.75% (vs. 12.75%) throughout the forecasting period. The BCB estimated administered price inflation of 13.7% (vs. 11.0%) for 2015 and 5.3%

From: Daniel Sabba •t: > To: "'Jeffrey E."' <[email protected]> CC: Paul Morris , Vahe

ial Relevant Brazil update. 5y on the run CDS at 384. USDBRL 3.8485. My impression is that there is still time to short more, if you are up to it Jeffrey. Original Message From: Isin Sumengen-Ziel (DEUTSCHE BANK AG, LO) [mailto:[email protected]] Sent: Thursday, September 03, 2015 4:50 PM

d 2016 at BRL3.90/USD (instead of BRL3.40/USD and BRL3.65/USD, respectively). Despite the higher inflation, we continue to expect the BCB to cut the SELIC rate to 11.50% in 2016 (with the easing cycle still beginning in April), as we expect the authorities to throw in the towel and postpone convergenc

From: Daniel Sabba •tt > To: "Jeffrey E." <[email protected]> CC: Paul Morris , Stewa

From: Daniel Sabba •tt > To: "Jeffrey E." <[email protected]> CC: Paul Morris , S

COPOM minutes maintain hawkish tone, signaling further tightening: The BCB published the COPOM minutes explaining last week's decision to raise the SELIC rate by 50bps to 13.75%. There were very few changes in the document, suggesting that the tightening cycle will continue. We now expect another 50b

From: Daniel Sabba To: "'Jeffrey E."' <[email protected]> CC: Paul Morris , Vah

ial Relevant Brazil update. 5y on the run CDS at 384. USDBRL 3.8485. My impression is that there is still time to short more, if you are up to it Jeffrey. Original Message From: Isin Sumengen-Ziel (DEUTSCHE BANK AG, LO) Sent: Thursday, September 03, 2015 4:50 PM EFTA00685296 Subject: Faria: Bra

d 2016 at BRL3.90/USD (instead of BRL3.40/USD and BRL3.65/USD, respectively). Despite the higher inflation, we continue to expect the BCB to cut the SELIC rate to 11.50% in 2016 (with the easing cycle still beginning in April), as we expect the authorities to throw in the towel and postpone convergenc

From: Daniel Sabba Sent: 6/11/2015 5:23:36 PM To: Jeffrey E. ([email protected]] CC: Paul Morris I; Stewart Oldfield I j; Vahe Stepanian I ; Ariane Dwyer ; Richard Kahn Subject: FW: Faria: Brazil D

Daniel Sabba Sent: 6/11/2015 5:23:36 PM To: Jeffrey E. ([email protected]] CC: Paul Morris I;

COPOM minutes maintain hawkish tone, signaling further tightening: The BCB published the COPOM minutes explaining last week's decision to raise the SELIC rate by 50bps to 13.75%. There were very few changes in the document, suggesting that the tightening cycle will continue. we now expect another 50b

ek Paul Morris Managing Director Deutsche Bank Private Bank Office= Cell: From: Daniel Sabba Sent: Thursday, September 10, 2015 10:49 AM To: 'jeffrey E.' Cc: Paul Morris; Vahe Stepanian; Stewart Oldfield; Ariane Dwyer; 'Richard Kahn' Subject: RE: Faria: Brazil Daily Update [C] Classification: Confi

al Relevant Brazil update. 5y on the run CDS at 384. USDBRL 3.8485. My impression is that there is still time to short more, if you are up to it Jeffrey. Original Message From: Isin Sumengen-Ziel (DEUTSCHE BANK AG, LO) [manta Sent: Thursday, September 03, 2015 4:50 PM Subject: Faria: Brazil Daily

2016 at BRL3.90/USD (instead of BRL3.40/USD and BRL3.65/USD, respectively). Despite the higher inflation, we continue to expect the BCB to cut the SELIC rate to 11.50% in 2016 (with the easing cycle still beginning in April), as we expect the authorities to throw in the towel and postpone convergenc