1. Weekly Review and Outlook

2. Review of w/c 15 th February 2016 a. Fundamentals and Sentiment – New Information (Economic Calendar) b. Fundamentals and Sentiment – Market Reaction c. Fundamentals and Sentiment – Financial Media d. Trades

3. Outlook for w/c 22 nd February 2016 a. Fundamentals and Sentiment – New Information (Economic Calendar) b. Fundamentals and Sentiment – Financial Media c. Themes and Trading Ideas d. Current Position

4. entry original stop

5. Euro – Portugal; Greece; Spain; more QE? (again); Brexit; migrants; ISIS; Russia + Turkey, Banking worries UK – rate rise; Brexit = EZ disaster US – rate rise trajectory; Nov 2016 election, Primary season OPEC – war on US shale, Iran re-entry China slow down, currency support Japan – negative interest rates, more QE? Emerging Markets USD debt Global Macro

6. 2. Euro weakness Trade Opportunities 3. JPY weakness 1. GBP weakness

7. Themes and Trading Opportunities 1.GBP weakness (via FTSE100) 2.EUR weakness – EURUSD and EURAUD 3.JPY weakness – buy USDJPY A)Fundamentals with complementary sentiment (risk-on) B)Trade negative sentiment (risk-off) against fundamentals (JPY and EUR strength, COM weakness).