EFTA01181711Set 9
2012-10-058p5,861w
even as Q4 will likely remain (44-20) 7134-1816
well below potential.
M. Morgan Securities plc
Fixed Income — Hold spread compression trades, and longs in UK Nikolaos Panigirtzoglou
brcakevens ... risk, particularly European BBs. (44-20) 7134-7761
Currencies — Keep limited short USD positions. Morgan Securities plc
Matthew Lehmann
Commodities — We are long gold and base metals and short agriculture ... Credit and equity markets continue to rally, with only minimal damage to
M. Morgan Securities plc
bond markets. The rise in Global PMIs, both manufacturing and services,
combined with better
https://www.justice.gov/epstein/files/DataSet%209/EFTA01181711.pdf