Epstein Files Search

EFTA00610276Set 9

2014-01-0926p14,709w

Swiss -Out: Sell CHF/NOK Henrik Gullberg George Sarevelos Theme #5: Dingo unchained: Buy AUD/NZD Siddhanh Kapoor Theme #6: SEK to score with thaw: Sell EUR/SEK, buy EUR/NOK put Oliver Harvey ... about the US long-end being re-priced on taper, moves in 2013 was AUD/NZD, but we expect a major 2014 will mark the re-pricing of the US short ... wedge Theme #5: Dingo unchained • 2013 saw the largest fall in AUD/NZD in over 28 Figure 1: Large declines in AUD/NZD usually see years. Behind the fall in the cross

https://www.justice.gov/epstein/files/DataSet%209/EFTA00610276.pdf

EFTA01451211Set 10

2014-01-091p582w

wedge Theme #5: Dingo unchained ▪ 2013 saw the largest fall in AUD/NZD in over 28 Figure 1: Large declines in AUD/NZD usually see years. Behind the fall in the cross ... record lows we think the risk / AMUI [Nap In AUX= reward from here favors AUD/NZD upside. As a MO s result we would be long AUD/NZD at current levels ... shown in Figure 1, 2013 marked the Worst' year for the AUD/NZD cross since at least 1986. Interestingly, in 'Co prior years when the cross has fallen over

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01451211.pdf

EFTA01451141Set 10

2014-01-091p582w

wedge Theme #5: Dingo unchained ▪ 2013 saw the largest fall in AUD/NZD in over 28 Figure 1: Large declines in AUD/NZD usually see years. Behind the fall in the cross ... record lows we think the risk / AMUI [Nap In AUX= reward from here favors AUD/NZD upside. As a MO s result we would be long AUD/NZD at current levels ... shown in Figure 1, 2013 marked the Worst' year for the AUD/NZD cross since at least 1986. Interestingly, in 'Co prior years when the cross has fallen over

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01451141.pdf

EFTA01451142Set 10

2014-01-091p588w

differential between Australian and New Zealand, something that would be supportive of our long AUD/NZD stance. ?CJ Finally, it would be remiss of us not to consider the Jell ... meat that while many analysts focus heavily on relative commodity prices when considering the AUD/NZD Figure 6: Stronger growth in China could also help cross; we are inclined to think ... moves in the AUD's favor over 4 -4 coming months has us long AUD/NZD. -15 4. Adam Sayre'', Sydney -25 2005 21;07 2009 2011 2013 Seat Daitic

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01451142.pdf

EFTA01387383Set 10

2016-01-091p378w

January 2016 FX Blueprint [Figure 45: AUD/NZD already low vs history, but the Figure 46: Notwithstanding some recent convergence. relative strength of the labour markets says that's fair households ... tibretbry Mena to 0140w &int Sane tom atoomenra Anna Li! Osumi* ant ".._.._.._.._.._.._.._.._.._._.._.._.._.... ._.._.._.._.._.._.._.._.._.._.._.._.._..._ 1Figure 47: AUD/NZD fair vs rates. but the market looks too hawkish on the RBA and too dovish ... commodity prices argue for a lower Figure 50: On our preferred 0Beer valuation metric, AUD/NZD AUDINZ0 is quite expensive relative to history AU13/122D and cafmoary antes

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01387383.pdf

EFTA01464308Set 10

2013-07-30105p15,379w

Source: DB FX Research 0.9 1.1 1.3 1.5 1.7 1.9 Figure 15: AUD/NZD: NZD is fair value against AUD.... 0.6 0.8 1.0 1.2 1.4 1.6 1.8 AUD/NZD 20% Band EFTA01464344 ... AUD/NZD 73 77 81 85 89 93 97 01 05 09 13 Source: DB FX Research 0.6 0.8 1.0 1.2 1.4 1.6 1.8 Figure 16: CAD/NZD: ....and is expensive against

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01464308.pdf

EFTA01146946Set 9

2012-08-038p5,946w

Foreign exchange — We add two mean reversion trades, short GBP/NOK and seamus.macgorain@rpenorgan corn AUD/NZD. J.P. Morgan Secunties plc Matthew Lehmann Commodities — We maintain our OW in energy vs. base ... this level. Complement these with two relative value trades such as short GBP/NOK and AUD/NZD to position for mean reversion in currencies which have diverged from shifts in rate spreads

https://www.justice.gov/epstein/files/DataSet%209/EFTA01146946.pdf

EFTA01451184Set 10

2014-01-091p858w

about the US long-end being re-priced on taper, moves in 2013 was AUD/NZD, but we expect a major 2014 will mark the re-pricing of the US short

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01451184.pdf

EFTA01459613Set 10

2016-01-121p206w

Short CHF/JPY 3 2.15% (4.46%) Short NZD/USD 4 -4.77% -4.99% Long AUD/NZD 4 -5.20% (-7.02%) Long AUD/KRW 5 -0.80% -0.07% Long INF1/1WD 5 0.66% Long USD/ZAR 6 14.43% 14.43% Short

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01459613.pdf

EFTA01459712Set 10

2016-01-121p206w

Short CHF/JPY 3 2.15% (4.46%) Short NZD/USD 4 -4.77% -4.99% Long AUD/NZD 4 -5.20% (-7.02%) Long AUD/KRW 5 -0.80% -0.07% Long INF1/1WD 5 0.66% Long USD/ZAR 6 14.43% 14.43% Short

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01459712.pdf

EFTA01446656Set 10

2014-01-091p222w

Sell CHF/NOK Henrik Gullberg George Satan)los Theme #5: Dingo unchained: Buy AUD/NZD Seldhaith Kapoor Theme #8: SEK to score with thaw: Sell EUR/SEK, buy EUFI/NOK put Oliver Harvey Theme

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01446656.pdf

EFTA01451150Set 10

2014-01-091p177w

Short CHF 11/VI 4 0.5% Short GBP/USD 4 -2.5% -1% Long AUD/NZD 5 -3.6 (-4.49%)% -3.6% Short EUR/N0K 6 -1.1% (-3.2%)• Short EUR/SEK 6 -1.6% (-2.19%) -1.35% Short SGD/INR

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01451150.pdf

EFTA01451138Set 10

2014-01-091p853w

about the US long-end being re-priced on taper, moves in 2013 was AUD/NZD, but we expect a major 2014 will mark the re-pricing of the US short

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01451138.pdf

EFTA01451168Set 10

2014-01-091p222w

Sell CHF/NOK Henrik Gullberg George Satan)los Theme #5: Dingo unchained: Buy AUD/NZD Seldhaith Kapoor Theme #8: SEK to score with thaw: Sell EUR/SEK, buy EUFI/NOK put Oliver Harvey Theme

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01451168.pdf

EFTA01458618Set 10

2016-09-261p347w

Swot 08Frilliest:ft are_ 34taa 08 CMasa Ostessoant Figure IS: AUD/NZD: NZD is near its fair value against Figure IS: CAD/NZD: NZD remains expensive against AUD CAD, approaching

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01458618.pdf

EFTA01451180Set 10

2014-01-091p177w

Short CHF 11/VI 4 0.5% Short GBP/USD 4 -2.5% -1% Long AUD/NZD 5 -3.6 (-4.49%)% -3.6% Short EUR/N0K 6 -1.1% (-3.2%)• Short EUR/SEK 6 -1.6% (-2.19%) -1.35% Short SGD/INR

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01451180.pdf

EFTA01451191Set 10

2014-01-091p177w

Short CHF 11/VI 4 0.5% Short GBP/USD 4 -2.5% -1% Long AUD/NZD 5 -3.6 (-4.49%)% -3.6% Short EUR/N0K 6 -1.1% (-3.2%)• Short EUR/SEK 6 -1.6% (-2.19%) -1.35% Short SGD/INR

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01451191.pdf

EFTA01446670Set 10

2013-09-241p177w

Short CHF 11/1/1 4 0.5% Short GBP/USD 4 -2.5% -1% Long AUD/NZD 5 -3.6 (-4.49%)% -3.6% Short EUR/N0K 6 -1.1% (-3.2%)• Short EUR/SEK 6 -1.6% (-2.19%) -1.35% Short SGD/INR

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01446670.pdf

EFTA01451209Set 10

2014-01-091p222w

Sell CHF/NOK Henrik Gullberg George Satan)los Theme #5: Dingo unchained: Buy AUD/NZD Seldhaith Kapoor Theme #8: SEK to score with thaw: Sell EUR/SEK, buy EUFI/NOK put Oliver Harvey Theme

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01451209.pdf

EFTA01451137Set 10

2014-01-091p222w

Sell CHF/NOK Henrik Gullberg George Satan)los Theme #5: Dingo unchained: Buy AUD/NZD Seldhaith Kapoor Theme #8: SEK to score with thaw: Sell EUR/SEK, buy EUFI/NOK put Oliver Harvey Theme

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01451137.pdf