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t authorized by the BaFin. In the United Kingdom this report is approved and/or communicated by Deutsche Bank AG London, a member EFTA01464476 of the London Stock Exchange and regulated by the Financial Services Authority for the conduct of investment business in the UK and authorized by the BaFin. This report is dist
licy likely to continue to be a compromise over the next couple of meetings, the best Norges Bank can hope for currently is that the correction in Brent crude lower will extend and weigh the NOK down. Near-term, and dependent on crude consolidating above/around $100/barrel, the re-assessment of the
report. Investors should consider this report as only a single factor in making their investment decision. J.P.Morgan Securities Plc is a member of the London Stock Exchange and is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. R
Commodities • Commodities were flat on the week as the gains in industrial metals were offset by a fall in agriculture. Month-to-date, front month Brent futures have weakened by around S5/bbl, trading around $107/bbl and are almost flat in the last week. The weak demand in the physical North Sea crud
this report as only a single factor in making their investment decision. EFTA_R1_00470158 EFTA01981556 J.P.Morgan Securities Plc is a member of the London Stock Exchange and is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. R
ll as weaker supply growth, largely in Iraq and Libya. • Recent reports of a peace agreement in Libya between the rebels and the government caused Brent to fall by around 5%. We think a quick and full recovery in production is unlikely and we also think overall production capacity is now lower due t
Entities connected to both the London Stock Exchange and Brent

Jeffrey Epstein
PERSON
Deutsche Bank
ORGANIZATION
Frankfurt
LOCATION
Malaysia
LOCATION
Bloomberg L.P.
ORGANIZATION
JPMorgan Chase
ORGANIZATION
North America
LOCATION
Marc Rich
PERSON
United Kingdom
LOCATION
Julie K. Brown
PERSON
United States
LOCATION
Philippines
LOCATION
New Zealand
LOCATION
Sydney
LOCATION
Tokyo
LOCATION
Norway
LOCATION
Hungary
LOCATION
Barack Obama
PERSON
George W. Bush
PERSON
Columbia University
LOCATION