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and Draghi=lowering the downside risk from Europe. Draghi was originally slated to =peak at Jackson Hole, but announced today that he will remain in Frankfurt=to hammer out the operational and technical details of the ECB's new=bond-buying plan. 6/ As for the following Fed meeting=, the trivial way forwar
he is likely to emphasize the condition=lity of new easing, especially in light of improving data and Draghi=lowering the downside risk from Europe. Draghi was originally slated to =peak at Jackson Hole, but announced today that he will remain in Frankfurt=to hammer out the operational and technical det
mention th= scope for more accommodation, but he is likely to emphasize the condition=lity of new easing, especially in light of improving data and Draghi=lowering the downside risk from Europe. Draghi was originally slated to =peak at Jackson Hole, but announced today that he will remain in Frankfurt=
) Gold $1645.70 (-$8.30) ECB rate announcement this morning & Draghi press conference afterwards (meeting is being held in Barcelona vs the usual Frankfurt). No changes are expected but, given the recent deterioration in economic data focus will be on the Draghi press conference and whether he leans to
being held in Barcelona vs the usual Frankfurt). No changes are expected but, given the recent deterioration in economic data focus will be on the Draghi press conference and whether he leans toward an easing bias for June. Spain sold 02.52 billion in 3-5 year debt vs e2.5 billion max target (first a
, such as relaxing the capital key or buying below the depo rate. QE tapering is therefore a risk and the market could start testing the ECB. Even if Draghi succeeds, the Euro could strengthen in the meantime. In contrast, the Bo)’s new framework should address the sustainability challenges that Kuroda fa
Page: HOUSE_OVERSIGHT_014748 →which are authorized nal Bank Limited, London Branch, which is authorized by the Central rules. Bank of America Merrill Lynch International Limited, Frankfurt Branch (BAMLI Frankfurt) distributes this report in Germany and is regulated by BaFin. This research report has been prepared and issued by MLPF&S a
Page: HOUSE_OVERSIGHT_014785 →Entities connected to both Frankfurt and Draghi

Jeffrey Epstein
PERSON
Lesley Groff
PERSON
George W. Bush
PERSON
John F. Kennedy
PERSON
United States
LOCATION
United Kingdom
LOCATION
Tokyo
LOCATION
Bloomberg L.P.
ORGANIZATION
Donald Trump
PERSON
Norway
LOCATIONBaFin
ORGANIZATION
New York City
LOCATION
Malaysia
LOCATION
Samantha Power
PERSON
Moody's
ORGANIZATION
Michigan
LOCATION
Hong Kong
LOCATION
Marc Rich
PERSON
Barack Obama
PERSON
Toronto
LOCATION