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cutive Officer HCL Axon United Kingdom Gunilla Carlsson Minister of International Development Cooperation of Sweden Mark J. Carney Governor of the Bank of Canada Roger M. Carr Chairman Centrica Plc United Kingdom Jose Carreras Opera Singer Jose Carreras International Spain Leukaemia Foundation Cynthi
Kullman Manu Kumar Howard Kunreuther Rolf Kuntz Vera Kurochkina Haruhiko Kuroda Vice-President, European Parliament, Brussels Vice-Chairman, Deutsche Bank Group Managing Director and Chief Executive Officer James E. Robison Professor of Business Administration Director-General Associate Professor of Fin
cutive Officer HCL Axon United Kingdom Gunilla Carlsson Minister of International Development Cooperation of Sweden Mark J. Carney Governor of the Bank of Canada Roger M. Carr Chairman Centrica Plc United Kingdom Jose Carreras Opera Singer Jose Carreras International Spain Leukaemia Foundation Cynthi
Kullman Manu Kumar Howard Kunreuther Rolf Kuntz Vera Kurochkina Haruhiko Kuroda Vice-President, European Parliament, Brussels Vice-Chairman, Deutsche Bank Group Managing Director and Chief Executive Officer James E. Robison Professor of Business Administration Director-General Associate Professor of Fin
vity. In addition, the inflation repercussions of higher oil prices will likely have a quicker impact on Fed and ECB expectations than they will on the Bank of Canada. Lastly, there is politics to consider, with the NAFTA negotiations likely to have almost no impact on Fed policy but a more plausible consideratio
there are then two approaches. After the Canadian employment data we edged into the lower half of the last 4 months range- a range that we Page 18 Deutsche Sank AG/London CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0089892 CONFIDENTIAL SDNY_GM_00236076 EFTA01387382
Entities connected to both the Bank of Canada and Deutsche Bank

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Julie K. Brown
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United States
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Prince Charles
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Bloomberg L.P.
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Marc Rich
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Joi Ito
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George W. Bush
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Frankfurt
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Donald Trump
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Lawrence Krauss
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Prince Andrew
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United Kingdom
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Samantha Power
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Alan Dershowitz
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Barry Diller
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Al Gore
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Liechtenstein
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Condoleezza Rice
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