2 October 2015
2 October 2015
Global Economic Perspectives: A hard landing in Chine?
(Financial Forecasts
Us Jpn Euro Urr Swer 9vava• Can• Ain'
3M intamti Actual 0.33 0.17 -0.04 0.58 .0.35 .0.75 0.50 2.00 2./5
Pato.r 0.75 0.15 .0.10 0.59 .0.35 .0.75 0.50 2.00 2.50
(16 forecast; Mar It 1 18 0.15 0.10 0.59 -035 -015 050 700 2 SO
1.93 0.15 0.10 0.87, 0.35 0.75 1.25 2.00 2.50
10Y Gov't' Actual 205 0.35 0.59 1.77 n a. n.a. 143 262 3.28
P.ondfliaMs i• -V- e: /0 2.1 n a ans. 190 3.00 3.50
Spread/ Mar-I6 200 0.50 090 235 n a n a 2.50 3.00 3.50
08 fora:acre 7.25 060 1.20 21MILl naka 3.1:0 n.e. 350
FUR: IAD/ FUR, GBP/ EURe FUR? USD/ AUL8
osi2 JPY Cf I' Lip if, Cur CAO U< ] ;
Exchange Actual 1.12 120.2 0.74 1.52 940 109 1.33
tir,i5 0.71 0.61
Rates 1.05 1:25 0 Sot' 1 53 8.90 E 12 0 1..<1 _.n.
0.98 1210 067 146 883 1.14 1.38 066 0.56
0.93 1282. 0.71 4.31 .079. ....r 14.1 1.84 ,.. 0.88.0.58
(?) ibrecosbren St resit, • nava., Pow mares
rd rowan An Ida whine e produce Dime moon& ^..oni viceene sanyors DJ US !% Goa bard SW ewes An Pen LOW J),7 US Fowl Mons Nino*
Sotc earewerep Pre LP. Danthe Orr Pesesral Rend .ne mMYY rryao
IUS 10Y rates
US government bond yields, % 6.0 5.0
5.0 4.0
3.0
4.0
Nr\ 2.0
3.0 gy
1.0
2.0 0.0
2Y/10Y (ms) —10Y spr 1.0 4.0
2002 2004 2006 2008 2010 2012 2014 2016
Sane Datrara - Renvn efeentesep finance LP
rapers 10Y rates
2.5
2.0
1.5
1.0
0.5 Japan government bond yields, %
OY — Dal OY sprawl OW
0.0 2002 2004 2006 2008 2010 2012 2014 2016
sane Maas se* Rana* INorritorg FI41/1411 LP
Deutsche Bank Securities Inc. 2.0 Euroland WY rates
8.0
5.0
4.0
3.0
2.0
1.0
0.0 Euro government bond yields, %
2002 2004 2008 2008 2010 2012 2014 2018
lay —2vtior weal OW
Sant Oeusehe arc AS 81xembeg Fora IP
IUK 10Y rates
7.0
6 1.5 .0
5.0
1.0 4.0
3.0
0.5 2.0
1.0 for
0.0 0.0
2002 2004 2006 2008 UK government bond yields, % 2.5
2.0
1.5
1.0
0.5
0.0
0.5
3.5
3.0
2.5
2.0
1.5
1.0
0.5
0.0
— ZY/I0Y spread UN) 415
-1.0
2010 2012 2014 2016
Salts 014.00141 SW* RiMinviB100IMMV tritIOcsi,
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