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Nov 30 (to be extended) Extraordinary Diet session (supplementary budget, TPP, tax-hike delay, casino bill) Nov 15 Japan-Russia trade officials meet (Tokyo) Nov 17 Abe, Trump meet in New York Nov 19-20 Abe, Putin meet at APEC (progress on territorial issue a key public concern) Dec 8 Jul-Sep GDP 2nd prel
Page: HOUSE_OVERSIGHT_014420 →foreign affiliates. Hong Kong recipients of this research report should contact Merri ies (and not futures contracts) or provision of speci d contact Merrill Lynch International Bank Limited (Merchant Bank} and/or Merrill Lynch (S ic advice on securities (and Lynch (Taiwan); is A 883D respectively errill Lynch Equi ance with respec i
Page: HOUSE_OVERSIGHT_014422 →exposure to unhedged foreign bonds though they generally remain price sensitive. In our view, this is reflected in the USD/JPY’s consolidation during Tokyo trading hours after the pair hit 100 on the Brexit vote (Chart 4). The fact that USD/JPY has failed to break 100 multiple times since then suggests t
Page: HOUSE_OVERSIGHT_014425 →d by the PRA and regulated by the FCA and the PRA, and is distributed in the UK to retail clients (as defined in the rules of the FCA and the PRA) by Merrill Lynch International Bank Limited, London Branch, which is authorized by the Central Bank of Ireland and subject to imited regulation by the FCA and PRA - details about the extent of
Page: HOUSE_OVERSIGHT_014429 →Y reached 100 on the Brexit vote as we argued in $/¥’s eventual surge: Buy Nikkei O06 September 2016. In fact, the USD/JPY has stopped falling during Tokyo trading hours since the summer. Based on the decline of foreign yields and higher hedge costs, hedged US Treasuries and German bunds had lost nearly
Page: HOUSE_OVERSIGHT_014748 →ealing in securities (and not futures contracts) or provision of specific advice on securities (and not futures contracts). Si report should contact Merrill Lynch International Bank Limited (Merchant Bank) and/or research report. General Investment Related Disclosures: Taiwan Readers: Neither the information nor any opinion expressed he
Page: HOUSE_OVERSIGHT_014785 →Entities connected to both Merrill Lynch International Bank Limited and Tokyo

United States
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George W. Bush
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Marc Rich
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Donald Trump
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Barack Obama
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Seoul
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