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na): Merrill Lynch Argentina SA, regulated by Conisien Nacional de Vetoes; Memll Lynch (japan): Merrill LynchJapan Securities Co, Ltd., regulated by the Financial Services Agency; Merrill Lynch (Seoul": Merrill Lynch International Incorporated (Seoul Branch) regulated by the Financial Supervisory Service, Memll Lynch (Taiwan)
es Strategist MLPF&S Sebastian Cross Rates Strategist Pac Rim Tony Morriss Rates Strategist/Economist lial Adrsh Sinha FX Strategist Kongl Paul Ciana, CIAT Shuichi ohsaki Technical Strategist Rates Strategist 1011L Vadim laralov Shusuke Yamada, CFA >> EX Strategist FX/Equity Strategist MLP
ovember 2016 Investment Strategy Japan Shusuke Yamada, CFA >> FX/Equity Strategist Merrill Lynch (iapan) #8] 3 6225 8515 [email protected] Paul Ciana, CMT Technical Strategist MLPF&S +1 646 855 6007 [email protected] HOUSE_OVERSIGHT_014424 --- PAGE BREAK --- Chart 1: USDJPY vs yield spread Ch
Page: HOUSE_OVERSIGHT_014424 →: Merrill Lynch Argentina SA, regulated by Comisién Nacional de Valores; Merrill Lynch japan): Merrill Lynch Japan Securities Co., Ltd., regulated by the Financial Services Agency; Merrill Lynch (Seoul): Merrill Lynch International Incorporated (Seoul Branch) regulated by the Financial Supervisory Service; Merrill Lynch (Taiwan
Page: HOUSE_OVERSIGHT_014429 →<2” 46 Global Rates, FX & EM 2017 Year Ahead | 16 November 2016 . Merrill Lynch HOUSE_OVERSIGHT_014776 --- PAGE BREAK --- Best Technical Trades Paul Ciana, CMT MLPF&S [email protected] Technical trends for Trump ¢ Bullish USD: Breadth and technicals favor USD. Overall they point to a stronger US doll
Page: HOUSE_OVERSIGHT_014777 →: Merrill Lynch Argentina SA, regulated by Comisién Nacional de Valores; Merrill Lynch japan): Merrill Lynch Japan Securities Co., Ltd., regulated by the Financial Services Agency; Merrill Lynch (Seoul): Merrill Lynch International Incorporated (Seoul Branch) regulated by the Financial Supervisory Service; Merrill Lynch (Taiwan
Page: HOUSE_OVERSIGHT_014785 →Entities connected to both the Financial Services Agency and Paul Ciana

Frankfurt
LOCATIONthe Capital Market Authority
ORGANIZATIONthe Prudential Regulation Authority
ORGANIZATION
United Kingdom
LOCATION
Michael Bloomberg
PERSON
Seoul
LOCATIONThe Financial Service Board
ORGANIZATIONthe Dubai Financial Services Authority
ORGANIZATION
Merrill Lynch
ORGANIZATIONMerrill Lynch Canada Inc
ORGANIZATION
Bank of America
ORGANIZATIONMerchant Bank
ORGANIZATIONMerrill Lynch International Bank Limited
ORGANIZATIONBank of America Merrill Lynch International Limited
ORGANIZATION
Donald Trump
PERSONMerrill Lynch Argentina SA
ORGANIZATIONthe Investment Industry Regulatory Organization of Canada
ORGANIZATIONthe Securities and Futures Bureau
ORGANIZATIONMerrill Lynch KSA Company
ORGANIZATIONBaFin
ORGANIZATION