3
Shared Docs
2
Same-Page
3 / 4
Mentions
<<Presentation Title>>
is general information only and does not take into account any person’s investment objectives, financial and taxation situation or particular needs. Belgium: This publication is not intended to constitute a public offering or a comparable solicitation under Belgian law, but might be made available for inf
Page: HOUSE_OVERSIGHT_024178 →al adviser under the Singapore Financial Advisers Act (Cap. 110) and a wholesale bank licensed under the Singapore Banking Act (Cap. 19) regulated by the Monetary Authority of Singapore, in respect of any matters arising from, or in connection with, the analysis or report. The recipient of this report represent and warrant that they
Page: HOUSE_OVERSIGHT_024178 →or investment business activities in Bahrain. Therefore, Clients have no protection under local banking and investment services laws and regulations. Belgium: This publication is not intended to constitute a public offering or a comparable solicitation under Belgian law, but might be made available for inf
Page: HOUSE_OVERSIGHT_025290 →al adviser under the Singapore Financial Advisers Act (Cap. 110) and a wholesale bank licensed under the Singapore Banking Act (Cap. 19) regulated by the Monetary Authority of Singapore, in respect of any matters arising from, or in connection with, the analysis or report. Spain: This publication is distributed to clients of UBS Bank
Page: HOUSE_OVERSIGHT_025290 →thority (Hong Kong): Merrill Lynch (Asia lated by the Monetary Authority of Israel}: Merrill Lynch Lynch lidrios; Merrill Lyn
country. In fact, the country clustering is even more concentrated than it looks if we allow for the fact that the bigger of the two upside outliers, Belgium (1.8% inflation), has experienced a presumably unrepeatable increase in the tax rate on electricity from 6% to 21%, as well as other excise duty incr
Page: HOUSE_OVERSIGHT_014744 →seems to be the only one in the region that is expected to display a much lower sensitivity to US rates, outperforming others within Asia. We expect the Monetary Authority of Singapore to keep the SGD NEER in the weaker side of the band for the next few months, which reduces the downside risk for the trade (Chart 69). We like the IN
Page: HOUSE_OVERSIGHT_014770 →Entities connected to both Belgium and The Monetary Authority of Singapore

Norway
LOCATION
United Kingdom
LOCATION
Jeffrey Epstein
PERSON
Luxembourg
LOCATION
Hungary
LOCATION
United States
LOCATION
Romania
LOCATION
Czech Republic
LOCATION
Bulgaria
LOCATION
New Zealand
LOCATION
Donald Trump
PERSON
Marc Rich
PERSON
Cyprus
LOCATION
George W. Bush
PERSON
Barack Obama
PERSON
Malaysia
LOCATION
Bloomberg L.P.
ORGANIZATION
European Union
ORGANIZATION
Bill Clinton
PERSON
Chile
LOCATION