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anadian terms of trade have clearly peaked (chart 6), with the currency moderately expensive versus non-energy commodity prices and supply glut in North America oil production providing an additional headwind. Big picture, GBP/CAD is a dollar-neutral cross, with correlations with other USD crosses all lyin
tions) also bear the risks typical to options in addition to the risks related to rates movements. Deutsche Bank AG/London Page 25 EFTA00610300 David Folkerts-Landau Group Chief Economist Member of the Group Executive Committee Guy Ashton Global Chief Operating Officer Research Marcel Cassard Global Head F
y Andreas Neubauer Regional Head Guy Ashton Chief Operating Officer EFTA01464475 Research Richard Smith Associate Director Equity Research North America Steve Pollard Regional Head Global Disclaimer The information and opinions in this report were prepared by Deutsche Bank AG or one of its affili
r the risks typical to options in addition to the risks related to rates movements. EFTA01464473 Deutsche Bank AG/London Page 23 EFTA01464474 David Folkerts-Landau Global Head of Research Marcel Cassard Global Head CB&S Research Asia-Pacific Fergus Lynch Regional Head International Locations Deutsche Ba
Deutsche Bank Markets Research North America United States Periodical US Equity Insights 3 reasons not to fear a 3%+ 10yr yield 1600 should be good support even if 10yr treasury yields go a
stitute, any appraisal or evaluation activity requiring a license in the Russian Federation. Deutsche Bank Securities Inc. Page 5 EFTA01464584 David Folkerts-Landau Global Head of Research Marcel Cassard Global Head CB&S Research Asia-Pacific Fergus Lynch Regional Head International locations Deutsche Ba
Deutsche Bank Markets Research Rating Hold North America United States Industrials Oil & Gas Exploration & Production Company Pioneer Natural Resources Reuters PXD.N Bloomberg PXD UN Exchange Ti
Please cite source when 17th Floor, 11372 Riyadh, Saudi Arabia. information at quoting. Deutsche Bank Securities Inc. Page 9 EFTA01473352 David Folkerts-Landau Group Chief Economist Member of the Group Executive Committee Raj Hindocha Global Chief Operating Officer Research Michael Spencer Regional He
Deutsche Bank Markets Research Rating Buy North America United States Reuters Health Care Biotechnology RTRX.OQ Bloomberg RTRX US Exchange Ticker NMS RTRX Company Retrophin Agrees to sell PRV
Please cite source when information at 17th Floor, 11372 Riyadh, Saudi Arabia. quoting. Page 10 Deutsche Bank Securities Inc. EFTA01473408 David Folkerts-Landau Group Chief Economist Member of the Group Executive Committee Raj Hindocha Global Chief Operating Officer Research Michael Spencer Regional He
y Andreas Neubauer Regional Head Guy Ashton Chief Operating Officer EFTA01464410 Research Richard Smith Associate Director Equity Research North America Steve Pollard Regional Head Global Disclaimer The information and opinions in this report were prepared by Deutsche Bank AG or one of its affili
risks typical to options in addition to the risks related to rates movements. EFTA01464408 Page 50 Deutsche Bank Securities Inc. EFTA01464409 David Folkerts-Landau Global Head of Research Marcel Cassard Global Head CB&S Research Asia-Pacific Fergus Lynch Regional Head International Locations Deutsche Ba
Entities connected to both North America and David Folkerts-Landau

United States
LOCATION
Deutsche Bank
ORGANIZATION
United Kingdom
LOCATION
Tokyo
LOCATION
Bloomberg L.P.
ORGANIZATION
Sydney
LOCATION
Frankfurt
LOCATION
New Zealand
LOCATIONDeutsche Bank Securities Inc.
ORGANIZATION
Western Europe
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South Africa
LOCATIONAndreas Neubauer
PERSONSteve Pollard
PERSON
Paul Ryan
PERSON
Malaysia
LOCATION
Alan Dershowitz
PERSONDoug Band
PERSONMichael Spencer
PERSON
Norway
LOCATION
Philippines
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