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interest rate hikes, a much stronger USD, and a trade war with China pose risks. Amanda Ens Director Bank of America Merrill Lynch Merrill Lynch, Pierce, Fenner & Smith Incorporated One Bryant Park, 5th Floor, New York, NY 10036 Phone: V obilc: i’ HOUSE_OVERSIGHT_014695 --- PAGE BREAK --- The power of global connections™ Ban
Page: HOUSE_OVERSIGHT_014695 →the short notice but they just created this based on client request. ° Monday, January 30 at 10:15am at One Bryant Park (42" St & 6" Ave), Room 5F Francisco Blanch is a managing director and head of Global Commodities and Derivatives Research. Regular Research publications include: The Global Energy Weekly, Comm
Page: HOUSE_OVERSIGHT_014695 →p.bankoramerica.com/businessismbilandincilemaildisclaimedamericas/global-markets Amanda Ens Director Bank of America Merrill Lynch Merrill Lynch, Pierce, Fenner & Smith Incorporated Phone: Mobile The power of global connections"' W;cid:image001.png@01D1B4D 2.34B2F410 This message, and any attachments, is for the intended re
emand cover for both gasoline and distillate is now back in line with last year - underpinning a modest recovery in refining margins. And lastly, as Francisco Blanch notes today he still sees a $54 tgt for year-end WTI, followed by $60+ in '17 (See Report below). Yesterday was interesting with nearly 150bps of E
Lynch Global Research policies relating to conflicts of interest are described at http://go.bofacom/coi. tofA Mertig Lynch' includes Merrill Lynch, Pierce, Fenner & Smith Incorporated ('MLPF&S') and its affiliates. Investors should contact their BofA Merrill Lynch representative or Merril Lynch Global Wealth Management financial a
ynch Global Research Bank of Amenca "ra" Merrill Lynch Global Liquid Markets Weekly I 24 July 2017 17 EFTA00788491 Commodities Sabine Schels Francisco Blanch MLI (UK) MLPF86 Get ready for a gas rally • The recent drop in US nat gas prices hard to justify and the underlying fundamentals are painting
nterest rate hikes, a much stronger USD, and a trade war with China pose risks. Amanda Ens Director Bank of America Merrill Lynch Merrill Lynch, Pierce, Fenner & Smith Incorporated One Bryant Park, 5th Floor, New York, NY 10036 The power of global connections" This message, and any attachments, is for the intended recipient(s
the short notice but they just created this based on client request. Monday, January 30 at 10:15am at One Bryant Park (42nd St & 6th Ave), Room 5F Francisco Blanch is a managing director and head of Global Commodities and Derivatives Research. Regular Research publications include: The Global Energy Weekly, Com
B BBB- BB+ BB BB- B+ B B- ccc+ ccc Source: Bloomberg BofA Merrill Lynch Global Research. Commodities: NTP adds to medium-term oil market tightness Francisco Blanch Peter Helles MLPF&S MLI (UK) [email protected] [email protected] The Saudi National Transformation Plan (NTP) suggestion that production
Page: HOUSE_OVERSIGHT_016146 →nch Global Research policies relating to conflicts of interest are described at http://go.bofa.com/coi. "BofA Merrill Lynch" includes Merrill Lynch, Pierce, Fenner & Smith Incorporated ("MLPF&S’) and its affiliates. Investors should contact their BofA Merrill Lynch representative or Merrill Lynch Global Wealth Management financial a
Page: HOUSE_OVERSIGHT_016193 →Entities connected to both Pierce, Fenner & Smith Incorporated and Francisco Blanch

Jeffrey Epstein
PERSON
Richard Kahn
PERSONAmanda
PERSONAmanda Ens
PERSON
Bank of America Corporation
ORGANIZATION
Merrill Lynch
ORGANIZATION
Donald Trump
PERSON
Bloomberg L.P.
ORGANIZATION
Bank of America
ORGANIZATION
Michael Bloomberg
PERSONMerrill Lynch International Bank Limited
ORGANIZATIONMerrill Lynch Canada Inc
ORGANIZATION
United Kingdom
LOCATIONthe Central Bank of Ireland
ORGANIZATIONMerrill Lynch KSA Company
ORGANIZATION
Merrill Lynch Global Wealth Management
ORGANIZATIONMerchant Bank
ORGANIZATIONBank of America Merrill Lynch International Limited
ORGANIZATIONBaFin
ORGANIZATION
Seoul
LOCATION