Epstein Secrets

ycles since the turn of the century the bank has at some point reduced rates by more than 25bps) and/or a more prolonged easing cycle. Elsewhere, South Africa's SARB seems to be warming to the idea of rate cuts despite a relatively weak ZAR. Governor Marcus recently emphasized the importance of a free-floa

.17% (spot ref: 3.68) from the EMEA Daily Compass on March 11 th . Little to prevent further grind lower to 2011 lows around 3.40, stop @ 3.73. Target a continued gradual grind higher in PLN/CZK. Target 6.400, stop @ 6.10. Buy a 3m USD/ZAR call with a 9.20 strike and KO at 9.65 for 32bps. Spot re

ecasts 12.9 13.0 13.2 2.00 2.03 2.08 Russia Turkey 3M 6M 12M Poland Zloty/US$ (Fwd. Rates) Ruble/US$ (Fwd. Rates) Lira/US$ (Fwd. Rates) South Africa Rand/US$ (Fwd. Rates) Forint/Euro 296 280 280 280 EFTA01464482 (Fwd. Rates) 25.6 25.6 25.6 19.6 19.2 19.6 19.8 19.6 19.6 19.5 299 302 306 226 21

nly. It is not an offer or a solicitation of an offer to buy or sell any financial instruments or to participate in any particular trading strategy Target prices are inherently imprecise and a product of the analyst judgement. Foreign exchange transactions carry risk and may not be appropriate for al

July 3 of complications from breast and lung cancer. Douglas J. Dayton, 88. The son of a successful U.S. retailer, he became the first president of Target, a U.S. department store chain. Died July 5 of cancer. Masao Yoshida, 58. The plant manager of Japan’s Fukushima nuclear reactor in March 2011, when

s as a passenger involved in a car crash. December Nelson Mandela, 95. The anti-apartheid freedom fighter, who endured 27 years in prison to become South Africa’s first black president, then united the country and won the Nobel Peace Prize in 1993. Died Dec. 5 following a recurring lung infection. Lawrence McC