Ndeutsche bank commodities outlook 2016 pdf

Chen weidong npl ratios of 16 listed banks 2016q3 issue 8 june 30, 2016 in 2015, overall performance of banks in the eurozone, the uk and japan was dragged down by the sluggish growth of. Index excluding energy product prices monthly average. 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. Europe and germany provided the biggest surprises the global economy did better in 2017 than expected a year ago. Following on steady declines in other commodity prices, the drop in oil prices in the second half. Gps commodities user guide the platform provides a single view for all key deutsche bank db intellectual capital, across all asset. Although commodities markets experienced a bounce in prices at the beginning of the fourth quarter of 2015, all indications are that the rally is purely shortterm and selling pressures will return in 2016. View db net cash flow, operating cash flow, operating expenses and cash dividends. As noted in the october 2016 world economic outlook weo, the macroeconomic outlook has weakened. The nonfinancial report covers topics that the financial industry commonly refers to as environmental, social and governance esg. The world bank s commodity markets outlook is published quarterly, in january, april, july, and october. Annual financial statements and management report of deutsche bank ag 2018.

At the end of a financial year, the supervisory board establishes how each of these performance metrics developed compared to the published target figures and determines an achievement level for each performance metric. Torsten slok, chief international economist at deutsche bank, writes that. This website can be accessed worldwide however the information on the website is related to saxo bank as and. Although they expect commodity prices to recover in the coming year, analysts at deutsche bank see an unfavorable backdrop for precious metals in 2016. A user guide to commodities minor metals trade association. Pounds outlook pits hsbc vs deutsche bank bloomberg.

Though, it plans to reduce its monthly purchases to 60 billion from april 2017. Deutsche bank is a leading provider of indices spanning all major asset classes and regions. 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. Switching into a higher gear deutsche bank research. Today id like to give a brief overview of the firm and each of our businesses. In december 2016, the ecb announced that it was extending its asset purchase program by nine months through to the end of 2017. Deutsche bank global financial services investor conference comments by gary cohn, president and chief operating officer slide 3. Commodity price forecasts 20202030 data and charts. The banking industry deutsche bank annual report 2016. Deutsche bank research economic cycle,growth trends. Find out whats in store for the global economy in our new cio view. 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. Most commodities are now trading below longterm real average prices.

Commodities derivatives disclosure annex material economic terms. 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. This website uses cookies in order to improve user experience. On the flip side, the outlook for oil looks more bearish with strong supply growth. Gold and commodities set to soar in 2019 advisor perspectives. In the german bank s 2016 outlook, analysts expect the commodity negative cycle to come to an end. 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. Commodities and trade stress latin americas vulnerability to china. Analysis a world bank january 2016 commodity markets.

If you close this box or continue browsing, we will assume you agree with this. The selling concession is 8 pct\nwhile management and. The global economy deutsche bank annual report 2016. Outlook a world bank quarterly report q4 q3 q2 q1 october 2016.

Deutsche bank research economic cycle,growth trends, economic. World bank forecast of unweighted average prices of brent, wti, and dubai. 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. It provides clients with comprehensive coverage of deutsche bank s proprietary investible and benchmark indices. As of 28 november 2016 gold underperformed on riskon tone credit weighed down. Commodities also look like a strong buy, the banks analysts say, after prices.

Deutsche bank capital markets is the other\njointlead manager. Deutsche bank wealth management outlook 2017 emea cio insights rhetoric into reality. 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. Global banking industry outlook highlights team leader. 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. Deutsche bank research focuses on macroeconomic analysis and growth trends, economic and social policy issues, research on the financial sector and its regulation this website uses cookies in order to improve user experience. Deutsche bank research the house view back to school.

Deutsche bank annual report 2016 business segments. As customers of deutsche bank s structured commodity. April 23, 2019 commodity unit 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2030 energy. Commodity prices and exchange rates have significantly impacted company results since 2015, and will again in 2018. Db deutsche bank ag annual cash flow statement marketwatch.

In our corona crisis daily we look at how developments have changed on all aspects of the virus over the last 24 hours. Furthermore, in the mediumterm, new lows are expected in many raw material markets. Price indices in nominal us dollars 2010100 price indices in real 2010 us dollars 2010100 c. Thus, investors should be aware that the firm may have a conflict of interest that could affect the objectivity of this report. This role has been made possible in part by the bank s extensive knowledge of the many links in the food chain. The outlook for carbon markets globally is best considered on three levels, namely i. Saxos strategy team is out with their take on global markets for the next quarter in their q2 quarterly outlook 2020. Reports, studies and publications deutsche bank has disclosed sustainability and nonfinancial information every year since 2002. Export entire page or individual visualizations to excel. This issue of the commodity markets outlook analyzes opecs recent decision to limit output by examining.

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. Shortterm risks are abating shortterm risks to global financial stability have moderated in the past six months figures 1. Deutsche bank research focuses on macroeconomic analysis and growth trends. For reasons of sustainability, we no longer provide printed versions of our annual reports. The global economy we expect global economic growth to see a moderate increase to 3. Deutsche bank 1 management report 210 annual report 2016. It allows comparing projections for a specific commodity from different sources. The report provides detailed market analysis for major commodity groups, including energy, metals, agriculture, precious metals, and fertilizers. 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. National authorities 1 2016 data is sourced from deutsche bank research forecasts.

World bank commodities price forecast nominal us dollars. Cio view outlook 2019 seldom have our experts had such opposing views on likely market developments as for 2019. World bank commodities price forecast nominal us dollars released. China slowdown would hit banks in asian developed markets most. The report was managed by john baffes under the general guidance of ayhan kose and franziska ohnsorge. Commodity marets outloo april 2018 acnowledgments vii acknowledgments this world bank group report is a product of the prospects group in the development economics vice presidency.

Fed and ecb outlook markets summary market views equities outlook fx and rates views. 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. This page presents forecasts of prices of various commodities. The house view back to school deutsche bank research. Deutsche bank sees ruble dip temporary on oil, sanctions. Managing with less liquidity page 12 deutsche bank aglondon. Political concern and refinancing risks key findings from the fitch ratingsfinanceasia 2020 asia credit market outlook survey. Total return accounts for both income interest or dividends and capital appreciation. Since the publication of the first deutsche bank user guide to commodities in july. Price forecasts to 2025 for 46 commodities are also presented, together.

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