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Greece, Euro Parity, & The Biggest Trades For H2 - BofA Merrill

From efxnews.com

In its mid-year press conference in New York today, Bank of America Merrill Lynch outlines its core views on Greece, rates, equities, the Fed, ECB QE, EUR/USD, and other key market topics. Here are a selection of these topics as covered by eFXnews along with a short video for the event. Greece: BofA thinks that things will get worse before they get better. BofA sees increasing risk of implementation of capital controls and default. A potential messy and protracted divorce is the most negative EUR scenario, according to BofA. Fed: Better-than-expected May data has led BofA US economics team to maintain their view of a ... (full story)

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