Epstein Files Search

EFTA01981552Dataset 10

2014-07-116p2,893w

Subject: The J.P. Morgan View : What if we are in a 2% world?

From: US GIOTo: Undisclosed recipients:MI

…made up of issuers in countries that EFTA_R1_00470156 EFTA01981554 are net oil exporters and where the economy would benefit from higher oil prices WPM EM DOM. Hong and Beinstein, Jul 7). Foreign Exchange • Today we published the monthly Key Currency Views detailing our forecast rationale across currencies. There are no significant forecast changes this month. We still expect the USD index (JPMQUSD) to rise 1% in Q3 and another 1.5% in Q4, with significant dispersion across pairs…

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01981552.pdf

EFTA01981558Dataset 10

2014-07-118p6,835w

…prices (JPI/ E tl al. Corporate Cross-Product Daily, Hong and Beinstein, Jul 7). Emerging Markets Cross Product Strategy Weekly. Eric Foreign Exchange Beinstein et al. • Today we published the monthly Key Currency Views detailing our forecast 3 EFTA_R1_00470162 EFTA01981560 Jan h Global Asset Allocation .J.P.Morgan The J.P. Morgan View 11 aty2014 rationale across currencies. There are no significant forecast changes this Weekly FX returns month. We still expect the USD index (JPMQUSD) to rise…

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01981558.pdf

EFTA01176770Dataset 9

8p5,876w

…the euro should decline this summer. For now we increase long USD hedges; forecasts will be revised in next Friday's Key Currency Views. • Having positioned over the past two months for ranges on the dollar indices — roughly 78 - 81 on DXY and 80 — 82 on JPMQUSD — we add dollar longs given the direction in which Greek policy is lurching. To an existing cash short in GBP/USD, add a 12-mo EUR/CHF put spread (1.19 — 1.10…

https://www.justice.gov/epstein/files/DataSet%209/EFTA01176770.pdf

EFTA01176904Dataset 9

8p5,973w

…this outcome. Given these risks, we are revising down EUR/USD forecasts to -1.0% reflect intensification of the current crisis. New targets for all currencies will be released on Monday, May 21 in our monthly Key Currency Views. -2.0% • For EUR/USD, 1.22 is fair target for June. This forecast reflects the probabil- USD .1W EUR GBP CHF CAD AUD ity-weighted outcome of various scenarios outlined last week. Following fresh TWI elections in June, the benign…

https://www.justice.gov/epstein/files/DataSet%209/EFTA01176904.pdf

EFTA00877419Dataset 9

2012-04-134p2,537w

Subject: The J.P. Morgan View: More local, less global

From: US GIOTo: Undisclosed recipients:;

…HG credit strategist, Eric Beinstein, to switch temporarily back into neutral. The US HG spread has moved back to 200bp. We keep our yearend forecast at 175bp. Foreign Exchange Today, we published our monthly Key Currency Views which reviews our medium-term forecasts. Markets remain focused on two key risks. The first is Spain's funding problems, which are worrisome as credit stress is the only force that has driven sustained Euro weakness post-Lehman. In our view, Spain is…

https://www.justice.gov/epstein/files/DataSet%209/EFTA00877419.pdf

EFTA00955197Dataset 9

2013-02-225p2,708w

Subject: The J.P. Morgan View : Amidst near-term fog, focus on medium-term value.

From: US GIOTo: Undisclosed recipients:;

…highlights the diversification benefit ofhaving high-grade credit in a global portfolio. Within US HG, our overweight of financials vs non-financials continues to do well as the spread between the two has narrowed to I 7bp, its lowest level since November 2007 (see CMOS). Foreign Exchange • Today's Key Currency Views presents our FX forecasts, including changes to USD/JPY, Ent/GBP and USD/IIRL. USD/JPY targets have been raised to 94 for end QI, 97 for Q2…

https://www.justice.gov/epstein/files/DataSet%209/EFTA00955197.pdf