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People
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Organizations
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Document Information

Type: Financial research report / market analysis
File Size: 2.14 MB
Summary

This document is page 12 of a 'Global Equity Volatility Insights' report published by Bank of America Merrill Lynch on August 9, 2016. It analyzes European market trends, specifically the FTSE100, Bank of England rate cuts, and the variance term structure of the ESTX50 index. The document bears a 'HOUSE_OVERSIGHT' Bates stamp, indicating it was included in a document production for a congressional investigation, likely related to financial records, though no specific individuals (Epstein/Maxwell) are named on this specific page.

Timeline (1 events)

August 2016
Bank of England announced a 25 bp rate cut and £60bn of QE purchases.
United Kingdom
Bank of England

Locations (3)

Location Context

Key Quotes (3)

"The FTSE100 reached 13 months highs last week as the BOE exceeded market expectations by announcing a 25 bp rate cut"
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Quote #1
"Long dated ESTX50 var term structure is historically elevated"
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Quote #2
"The current vega outstanding in SX5E-linked products is €143Mn, which is in its 97th percentile since Jan-14"
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Quote #3

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