Product wrap: More autocalls, Facebook feels the heat, and an expensive Eurostoxx
This week's wrap covers structured products with strike dates between July 1-7, 2018. Structures reviewed include knockouts in France, the Netherlands, the UK and South Korea. Currency-linked products drove significant activity in Sweden and Japan; meanwhile in the US, a Phoenix note from UBS linked to Facebook sold less than US$400,000 despite the promise of a coupon of almost 9% per annum.
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