Epstein Secrets

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

f this report or its contents. 28 Global Liquid Markets Weekly I 24 July 2017 Bankof America Merrill Lynch EFTA00788502 Research Analysts US David Woo FX, Rates & EM Strategist Shyam S.RaJan Rates Strategist Ralph Mel Rates Strategist MLPF&S Sebastian Cross Rates Strategist Pac Rim Tony Mo

on page 8. 11710696 Timestamp: 13 February 2017 06:00AM EST Bankof America Merrill Lynch 13 February 2017 FX and Rates Global e e The First Days David Woo FX, Rates & EM Strategist MLPF&S +1 646 855 5442 [email protected] Global Rates & Currencies Research HOUSE_OVERSIGHT_014721 --- PAGE BREAK ---

ios; Merrill Lynch KSA Company, h (Singapore): Merril erril y the Securities and y. ) ingdom (UK ional Limited, which are authorized the PRA) by Merrill Lynch International Bank Limited, London s about the extent of our regulation by nder the Financial Instruments and Excl ion in relation to, or advice on, fu 0, or use by, any person

est beneficiary of the eee ot ence oe Trump win. 4. Sell a basket of Brazilian, Mexican, and Colombian long bonds — Positioning in J - r r , Beth PBs David Woo EM fixed income market remains crowded while liquidity is poor. FX, Rates & EM Strategist MLPF&S [email protected] 5. Sell BRL/MXN — MXN is overso

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