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ions fell and the yen strengthened as a consequence as the market got accustomed to fading dovish pronouncements from the Bank of Japan. Bo) Governor Haruhiko Kuroda himself said “Central banks are, admittedly, not omnipotent." The Bo) introduced yield curve control, taking into consideration negative effects of

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investors. Such financial instruments may expire worthless. Before investing in futures or options, clients must receive the appropriate risk Bankof America Merrill Lynch Global Rates, FX & EM 2017 Year Ahead | 16 November 2016 55 HOUS E_OVERSIGHT_014785 --- PAGE BREAK --- disclosure documents. Invest

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