Epstein Secrets

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12 Source: Deutsche Bank, Bloomberg Finance LP Nov 12 Feb 13 May 13 NZD/CAD Model - uses Dairy Futures, NatGas, Crude, CRB, rate differential, USD TWI, VIX Deutsche Bank AG/London Page 9 EFTA01464441 16 May 2813 FX Blueprint: Dashing Buck While both crosses have now fallen a long way relativ

ureau (Kinsho) No. 117. Member of associations: JSDA, Type II Financial Instruments Firms Association, The Financial Futures Association of Japan, Japan Investment Advisers Association. This report is not meant to solicit the purchase of specific financial instruments or related services. We may charge commissions and fees for ce

EFTA01464491 1.5% 2.0% Figure 6: Record Negative Correlation Between Dollar and Stocks Reversing Suggests Regime Change 2y correlation between USD TWI and S&P500 using ly rolling returns using levels Deutsche Bank AG/London Page 7 EFTA01464492 28 February 2013 Exchange Rate Perspectives .Fig

ureau (Kinsho) No. 117. Member of associations: JSDA, Type II Financial Instruments Firms Association, The Financial Futures Association of Japan, Japan Investment Advisers Association. This report is not meant to solicit the purchase of specific financial instruments or related services. We may charge commissions and fees for ce

r has fallen substantially Source: DB FX Research and US Treasury Source: DB FX Research and US Treasury Figure 11: No clear relationship between USD TWI and UST purchases Figure 12: Net equity flows turn positive Source: DB FX Research and US Treasury Source: DB FX Research and US Treasury Page 2