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ed by the PRA and regulated by the FCAand the PRA, and is distributed in the UK to retail clients (as defined in the rules of the FCAand the PRA) by Merrill Lynch International Bank Limited, London Branch, which is authorized by the Central Bank of Ireland and subject to limited regulation by the FCAand PRA - details about the extent of
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 →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 →<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 →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 Paul Ciana

Merrill Lynch
ORGANIZATION
Bank of America
ORGANIZATIONMerrill Lynch Canada Inc
ORGANIZATIONPierce, Fenner & Smith Incorporated
ORGANIZATIONMerchant Bank
ORGANIZATION
United Kingdom
LOCATION
Merrill Lynch Global Wealth Management
ORGANIZATIONThe Financial Service Board
ORGANIZATIONOtoritas Jasa Keuangan
ORGANIZATION
the Financial Services Agency
ORGANIZATION
Michael Bloomberg
PERSON
Seoul
LOCATIONBaFin
ORGANIZATIONBank of America Merrill Lynch International Limited
ORGANIZATIONMerrill Lynch KSA Company
ORGANIZATION
Donald Trump
PERSONthe Investment Industry Regulatory Organization of Canada
ORGANIZATIONMerrill Lynch Argentina SA
ORGANIZATIONMerrill Lynch International Incorporated
ORGANIZATIONthe Securities and Futures Bureau
ORGANIZATION