m ET / 1500 UKT / 2200 HKT EM FX Reserves: Does China Have Enough? Hosted by: Taimur Baig Chief Economist, Asia Gautam Kalani EM FX Strategist Torsten Slok Chief International Economist Relevant Research: Assessing reserve adequacy in EM, with a focus on China US: UK: HK: Intl: Con EFTA00699394

Deutsche Bank for a Conference Call on Monday June 29, 3PM ET Greece: How have US markets reacted and what has liquidity been like? Hosted by: Torsten Slok Chief International Economist Dan Orlando Head of US Cash Rates Trading Jim Kenny Head of Investment Grade Credit Trading Tim Fischer Head of

, Norway, Oslo Poland, Singapore, Sin a ore Switzerland, Bellinzona Let us know if you would like to add a colleague to this distribution list. Torsten Slok, Ph.D. Chief International Economist Managing Director Deutsche Bank Securities 60 Wall Street New York, New York 10005 Tel: a Mexico Spain,

Let us know if you would like to add a colleague to this distribution list. Torsten Slok, Ph.D. Chief International Economist Managing Director Deutsche Bank Securities 60 Wall Street New York, New York 10005 Tel: This communicatio

by John OBrien Head of Equity Distribution for the Americas Spencer Cross Equity Derivatives Trading Rocky Fishman Equity Derivatives Strategy Torsten Slok Chief International Economist US UK: Intl Conf ID: 1 Week REPLAY: U S Intl Access Code: CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB

is Subject: RE: Fwd: DB: Foreign demand for US credit weakening Perfect. I will send a dial-in in the morning. Thank you, Torsten. Martin From: Torsten Slok < > Date: Thursday, Mar 01, 2018, 20:03 To: Martin Zeman , Xavier Avila , Stewart Oldfield Cc: Jennifer Francis < Subject: RE: Fwd: DB: Foreign

f US credit - -5 - -10 Deutsche Bank Research Tornon Slot tn. 2018 Let us know if you would like to add a colleague to this distribution list. Torsten Slok, Ph.D. Chief International Economist Managing Director Deutsche Bank Securities 60 Wall Street New York, New York 10005 Tel: 108 CONFIDENTIAL

d again at the bottom here. EFTA_R1_01323900 EFTA02349183 Let us know if you =ould like to add a colleague to this distribution list.<=p> co:p> Torsten Slok, Ph.=. Chief International=Economist Managing Directorq=pan> Deutsche Bank Secur=ties This communication may contain confidential and/or privileg

ging with less liquidity David Folkerts-Landau 'tors Peter Hooper Chief Economist Matthew Luzzetti Chief Economist Mark Wall Chief Economist Torsten Slok hi f E n mi t Deutsche Bank AG/London DISCLOSURES AND ANALYST CERTIFICATIONS ARE LOCATED IN APPENDIX 1. MCI (P) 124/04/2015. EFTA01475956 8 De

er 2015 World Outlook 2016: Managing with less liquidity Contacts Name Coverage David Folkerts-Landau Michael Spencer Economics Peter Hooper Torsten Slok Joe LaVorgna Mark Wall Stefan Schneider Mikihiro Matsuoka Michael Spencer Taimur Baig Gustavo Canonero Strategy Dominic Konstam Francis Yared