Our extensive research resources and teams of experienced professionals continually analyze the relevant markets as well as the political and economic environment. The report was managed by john baffes under the general guidance of ayhan kose and franziska ohnsorge. The house view back to school deutsche bank research. Index excluding energy product prices monthly average. Today id like to give a brief overview of the firm and each of our businesses. The nonfinancial report covers topics that the financial industry commonly refers to as environmental, social and governance esg. Commodities and trade stress latin americas vulnerability to china. Oct 04, 2016 neil dwane, global strategist at allianz global investors, discusses his thoughts on deutsche bank and the markets overall. Analysis a world bank january 2016 commodity markets. World bank commodities price forecast nominal us dollars released. The deutsche bank liquid commodity index dblci was launched in february 2003.
Pounds outlook pits hsbc vs deutsche bank bloomberg. Total return accounts for both income interest or dividends and capital appreciation. World bank commodities price forecast nominal us dollars. In the german bank s 2016 outlook, analysts expect the commodity negative cycle to come. Singin in the rain the miners are beating the markets brexit blues paul young anna. October 29, 2019 energy and metal commodity prices are expected to continue to fall in 2020, following sharp declines in 2019 of 15 and 5 percent, respectively, on a weaker outlook for global growth and consequently softer demand, the world bank said in its october commodity markets outlook. This website uses cookies in order to improve user experience. April 23, 2019 commodity unit 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2030 energy. Commodity price monitor july 29, 2019 lower energy prices weigh on commodity index in june the rbc commodity price index fell for the second consecutive month. It provides clients with comprehensive coverage of deutsche bank s proprietary investible and benchmark indices. Deutsche bank disclosures and analyst certifications are located in appendix 1.
Having started life primarily as an execution tool, autobahn now provides electronic access to. Important notice this web page contains links to forms of confirmations and spreadsheets of material economic terms relating to a variety of types of transactions transactions that deutsche bank we may enter into with counterparties from time to time. Neil dwane, global strategist at allianz global investors, discusses his thoughts on deutsche bank and the markets overall. This website can be accessed worldwide however the information on the website is related to saxo bank as and is not specific to any entity of saxo bank group. Deutsche bank outlook uncertain and pretty murky bloomberg. With that in mind, and with a nod to my fellow australians love of a. Jul 06, 2016 6 july 2016 recommendation change 3q16 outlook. References to the signals it would have sent in the years prior to january 2016 are based on how the underlying data was reflected in the component indicators at the time. For more information please contact your deutsche bank representative or alternatively, commodities. It tracks the performance of six commodities in the energy, precious metals, industrial metals and grain sectors. This role has been made possible in part by the bank s extensive knowledge of the many links in the food chain. Deutsche bank global financial services investor conference comments by gary cohn, president and chief operating officer slide 3. In global markets, deutsche bank made the following significant divestitures since january 1, 2014.
Deutsche bank the outlook for opec demand and implications. Lewis managing director, commodities research, head of energy research, deutsche bank markc. Deutsche bank aktiengesellschaft 424b2 jul 18 2016 seeking. Deutsche bank aktiengesellschaft 424b2 jul 27 2016 seeking. The clearbridge recession risk dashboard was created in january 2016. The dblci has constant weightings for each of the six commodities and the index is rebalanced annually in the first week of november. Jan 12, 2016 2016 guidance 1 average actual 2015 exchange rates. Find out whats in store for the global economy in our new cio view. Going forward, in 2017, in accordance with our strategy announcement on march 5, 2017, our business operations will be reorganized under a new divisional structure comprising the divisions corporate and investment bank cib, private and commercial bank pcb, and deutsche asset management deutsche am. The outlook for opec demand and implications for global exports mark c. Switching into a higher gear deutsche bank research. All clients will directly engage with saxo bank as and all client agreements will be entered into with saxo bank as and thus governed by danish law. Managing with less liquidity deutsche bank aglondon page 5 but the changing market expectations for ecb and boj policy have the potential to induce another bout of market turbulence akin to the taper tantrum of mid20, though likely with more limited implications for the global.
Deutsche bank wealth management outlook 2017 emea cio insights rhetoric into reality. First, the ongoing discussions at the basel committee on banking supervision bcbs on its regulatory reforms of the basel 3 framework commonly referred to as basel 4 could mean major adjustments to capital requirements, although it cannot be ruled out that the. China slowdown would hit banks in asian developed markets most. Managing with less liquidity deutsche bank aglondon page 5 but the changing market expectations for ecb and boj policy have the potential to induce another bout of market turbulence akin to the taper tantrum of mid20, though likely. There are signs that further gains may be in store for both. It is written by a team of economists, whose names and email contacts appear under their respective market summary contributions. The german government has responded quickly and decisively to the economic fallout from the corona pandemic. As of that date, we employed 99,744 people on a fulltime equivalent basis and operated in 62 countries out of 2,656 branches worldwide. Then, ill drill down on the business seen as facing the most headwinds. Altogether, germanys anticrisis measures consisting of extra spending, guarantees and loanparticipation programs sum up to an astronomic value of around eur 1. Deutsche bank research focuses on macroeconomic analysis and growth trends, economic and social policy issues, research on the financial sector and its regulation. Reports, studies and publications deutsche bank has disclosed sustainability and nonfinancial information every year since 2002. The global economy we expect global economic growth to see a moderate increase to 3.
World bank commodities price data the pink sheet jandec jandec jandec aprjun julsep octdec janmar aprjun may jun jul commodity unit 2016 2017 2018 2019. Commodity marets outloo october 2016 acnowledgments v acknowledgments this world bank group report is a product of the prospects group in the development economics vice presidency. Sep 28, 2016 shares of deutsche bank hit record lows this week on mounting concerns about the survival of the struggling german lender in the past two weeks, it has been hit with billions in fines from the u. As of 28 november 2016 gold underperformed on riskon tone credit weighed down. Dws group dws is one of the worlds leading asset managers. Fed and ecb outlook markets summary market views equities outlook fx and rates views. Apr 01, 2020 the dws investment decision process enables us to identify risks and return opportunities.
Thus, investors should be aware that the firm may have a conflict of interest that could affect the objectivity of this report. Gps commodities user guide the platform provides a single view for all key deutsche bank db intellectual capital, across all asset. Among these are the decisions that will be made by the us federal reserve, the. Commodities outlook 2016 i ts always tempting for commodity analysts to issue forecasts for the coming year, even though we intrinsically know that the future is inherently uncertain and even the most reasoned expectations can be easily confounded by events. Agricultural commodities prices are anticipated to rise slightly in 2017 after a minimal decline this year but with wide variations in the outlook for different commodities depending on supply condi tions. This report is prepared under the overall guidance of boubaker benbelhassen, director, and abdolreza abbassian, senior economist. The dws investment decision process enables us to identify risks and return opportunities. Gps commodities user guide autobahn is deutsche banks awardwinning electronic distribution service. A s we head into the new year, there are factors that are bound to have a substantial impact on the path of the global economy. Commodities derivatives disclosure annex material economic terms. Deutsche bank s commodity finance franchise holds this years best commodity finance bank globally by euromoney tfr and best overall commodities finance bank by txf. He speaks with guy johnson and caroline hyde on bloomberg televisions. Deutsche bank research the house view back to school. The banking industry deutsche bank annual report 2016.
Political concern and refinancing risks key findings from the fitch ratingsfinanceasia 2020 asia credit market outlook survey. Lowerforlonger interest rates, global trade tensions, heightened geopolitical rifts coupled with record central bank and investor buying activity, are all supportive of gold in the medium term. Rising commodity prices boost outlook for inflation. If you close this box or continue browsing, we will assume you agree with this. Find the latest analyst research for deutsche bank ag common stock db at. The global economy deutsche bank annual report 2016. Europe and germany provided the biggest surprises the global economy did better in 2017 than expected a year ago. Deutsche bank annual report 2016 business segments. Cio view outlook 2019 seldom have our experts had such opposing views on likely market developments as for 2019. Deutsche bank ag common stock db analyst research nasdaq. Furthermore, our strategic cio view provides a longterm outlook and orientation. Deutsche bank research economic cycle,growth trends.
Deutsche bank is still recovering after being hit with billions in fines back in 2015, its chief executive officer john cryan told cnbc, after the bank posted another year of losses on friday morning. Deutsche bank quits commodities, but keeps index funds reuters. Deutsche bank is a leading provider of indices spanning all major asset classes and regions. Deutsche bank wealth management strategic house view november 2016 key messages the information herein reflect our current views only, are subject to change, and are not intended to be promissory or relied upon by the reader. Searching for sustainable growth since the onset of the financial crisis, cross asset correlations between equities, credit, the us dollar and crude oil have increased substantially and remain at high levels. Building on more than 60 years of experience and a reputation for excellence in germany and across europe, dws has come to be recognized by clients globally as a trusted source for integrated investment solutions, stability and innovation across a full spectrum of investment disciplines. T h e w o r l d b a n k global development commodity. Price indices in nominal us dollars 2010100 price indices in real 2010 us dollars 2010100 c. Deutsche bank sees ruble dip temporary on oil, sanctions. When you read the accompanying prospectus supplement, please note that all references in such supplement to the prospectus dated july 31, 2015, or to any sections therein, should refer instead to. On the flip side, the outlook for oil looks more bearish with strong supply growth.
Rising commodity prices are feeding through to expectations for quickening inflation. To access dbrasweb, try again from a mac or windows pc. Headquartered in frankfurt am main, germany, we are the largest bank in germany and one of the largest financial institutions in europe and the world, as measured by total assets of 1,591 billion as of december 31, 2016. Deutsche bank ag commodities outlook supply momentum, supply curtailments and supply shocks july 2014 deutsche bank does and seeks to do business with companies covered in its research reports. Deutsche bank thinks the next move for the market is a 5%9% pullback, which could be good news for donald trump.
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