HOUSE_OVERSIGHT_029470.tif
190 KB
Extraction Summary
0
People
9
Organizations
6
Locations
2
Events
0
Relationships
7
Quotes
Document Information
Type:
Financial report/market commentary
File Size:
190 KB
Summary
This document appears to be a market commentary or financial report from Bank of America, detailing various market positions, risks, and forecasts related to European and Russian equities, bonds, and currencies. It discusses specific trades involving options and futures, and highlights political events in Italy and Germany as significant market drivers. The document concludes with a standard email disclaimer from Bank of America.
Organizations (9)
| Name | Type | Context |
|---|---|---|
| Telefonica |
part of an equal weighted basket
|
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| Iberdrola |
part of an equal weighted basket
|
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| Enel |
part of an equal weighted basket
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| Unicredit |
part of an equal weighted basket
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| Santander |
part of an equal weighted basket
|
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| Gazprom |
part of an equal weighted basket of Russian Oil names
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| Lukoil |
part of an equal weighted basket of Russian Oil names
|
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| Rosneft |
part of an equal weighted basket of Russian Oil names
|
|
| Bank of America |
email disclaimer host
|
Key Quotes (7)
"Positioning short/underweight. Positive news flow for Italy and Spain causing a squeeze in peripheral bonds and equities"Source
HOUSE_OVERSIGHT_029470.tif
Quote #1
"Rates market continues to re-price ECB. lyly Eonia is almost back at recent highs pointing to more upside for SX7E."Source
HOUSE_OVERSIGHT_029470.tif
Quote #2
"Russia is one of the worst performing markets in 2017. Under-positioning and fundamentals getting better"Source
HOUSE_OVERSIGHT_029470.tif
Quote #3
"We think we are entering a period of increasing volatility into the Italian Elections (4th March) and reduce our Long Equity exposure"Source
HOUSE_OVERSIGHT_029470.tif
Quote #4
"We see Political risk underpriced in Europe into 4 March (Italian elections and German SPD member vote)"Source
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Quote #5
"FTSE is the worst performing major market ytd. Moreover, we see asymmetry in GBP with UK political risk underpriced and BoE hikes overpriced. We do not agree that the BoE can hike more than the Fed next year."Source
HOUSE_OVERSIGHT_029470.tif
Quote #6
"The risk for equities is a further rise in yields led by higher real rates. Last time 10v real rates were here S&P was closer to 2720."Source
HOUSE_OVERSIGHT_029470.tif
Quote #7
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