本文由 AI算法生成，仅作参考，不涉投资建议，使用风险自担 【11月14日消息，政治担忧或继续拖累英镑】德意志银行外汇策略师称，即便11月26日预算案获市场好 评，英国政治担忧仍可能拖累英镑。孤立看，避免预算案负面意外利于英镑复苏，但政治风险难让财政 风险溢价完全消除。这些风险包含对首相斯塔默的领导权挑战，不确定性及继任者不重财政纪律或使风 险溢价再扩大。 ...

智通财经APP获悉，当叱咤欧洲金融行业十多年的资深老兵克里斯蒂安·塞温(Christian Sewing)着手规划其在德意 志银行(Deutsche Bank AG)首席执行官任期内的下一重大阶段之际，投资者们正准备迎接几乎相同的主线：在零 售银行业务部门继续大幅节省经营成本，并在投行业务进行有针对性的长期投入，共同为德意志银行的更强劲盈 利奠定基础。 这家德国最大规模商业银行的首席执行官计划于下周一公布未来三年的核心战略规划。华尔街分析师以及德银的 股东们普遍预计这位CEO将出台新的财务扩张目标，例如更强劲的盈利目标，但预计整体战略变化不大。 "克里斯蒂安·塞温已经让这艘船重回正轨，并将提出更具雄心壮志的回报目标和成本目标，"德意志银行大型机构 股东之一Union Investment 的资深基金经理Alexandra Annecke 表示。"但我们不期待战略有重大改变。" 自2018年上任德银CEO以来，塞温带领这家德国老牌金融机构从持续多年亏损、法律挫折和信心危机中回归创纪 录利润。在任期早期经历了一次非常痛苦的重组后——当时令这位CEO遭遇一些股东口诛笔伐，他领导下的德银 受益于更高的利率以及"恰到好 ...

Nippon Life India Asset Management said on Thursday that Deutsche Bank's DWS will buy a 40% stake in the company. ...

美国刚公布完ADP数据，说10月企业新增就业4.2万人，比大家预期的好。 特朗普连口气都没敢喘，立马站出来讲话安抚市场。 他对着共和党的参议员说，政府停摆影响了股市，但美股估计还能创出新高，还承诺必须尽快让政府重新开门。 这操作一眼就能看明白，美股是美国经济的命根子，特朗普政府是万万不敢丢的。 他话音刚落，美联储新任理事米兰也跟着出来打气，说虽然ADP就业数据让人惊喜，但继续降息依然合理。 如此看来，特朗普想推动美联储降息的计划还没黄，华尔街这才暂时松了口气，美股期货也从跌转涨。 本来想觉得美股这波能稳住，可后来发现，美国金融市场里最大的疙瘩还没解开美联储到底会不会一直降息放水，把AI泡沫吹得更大？ 现在美联储放出话，12月份可能要停止降息，华尔街那边讨论AI泡沫要破的声音，是越来越大了。 最近英国《金融时报》有个报道，说德意志银行正在琢磨着做空人工智能股票，目的是对冲数据中心贷款的风险。 怕是最有体会的，就是经历过2008年次贷危机的人，这剧情看着太眼熟了。 当年，德意志银行就是最早做空美国次贷市场的机构之一。 他们发明了一种叫CDS的产品，让华尔街的投资客能"下注"房市崩盘。 结果呢，房市真的崩了，整个美 ...

Group 1 - Deutsche Bank's Chief Investment Officer for emerging markets indicates that the dollar remains attractive for arbitrage due to the Federal Reserve's cautious approach to interest rate cuts, but there is uncertainty regarding the policy path next year, especially if the new Fed chair adjusts the rate cut pace [2] - Goldman Sachs warns that the onset of a Fed rate cut cycle may fuel asset bubbles, with credit spreads recently widening from 2.76% to 3.15%, reflecting a decrease in risk appetite. Tech investment spending is nearing its peak, with the five major tech companies expected to spend $349 billion in capital expenditures by 2025 [2] - The Committee for a Responsible Federal Budget (CRFB) cautions that President Trump's proposed "tariff dividend" of at least $2,000 per person will significantly increase the deficit, potentially adding $6 trillion over ten years, which is double the expected tariff revenue during the same period [2] Group 2 - Morgan Stanley notes that the end of quantitative tightening (QT) by the Fed does not equate to a restart of quantitative easing (QE), as it involves optimizing asset structure without expanding the balance sheet. The key factor affecting market duration and liquidity is the U.S. Treasury's debt issuance strategy, not the Fed's bond-buying actions [1] - Bank of America highlights that the surge in AI capital expenditures and off-balance-sheet financing is masking future profit pressures, with the actual lifespan of AI hardware being only 3-5 years, posing a depreciation risk that may impact financial reports post-2026 [1] - JPMorgan warns that global investment in AI data centers will require at least $5 trillion over the next five years, far exceeding the capacity of any single financing channel. The investment-grade bond market can provide $1.5 trillion, while there remains a $1.4 trillion gap that will need to be filled by private credit and government funding [1]

Uh for more let's bring in Karen Blanchard, lithium solar and clean tech equity analyst at Deutsche Bank. Karen, it's great to have you on and the upgrade for MP materials. Why and why now.>> Great. Thank you for having me. Um why now.Uh look, I think we are finally seeing the stock trading on the fundamental value. Um we have seen obviously a lot of um aphoria and excitement around the stock over the last few months and we really think that now um it's represent a good entry point for investor looking to g ...

Deutsche Bank is close to completing a significant risk transfer deal with the European Investment Fund https://t.co/3XRCfsResa ...

德意志银行：预计美联储将在第一季度开始扩表。 来源：滚动播报 ...

以下文章来源于硬AI ，作者专注科技产研的 硬AI . AI时代，快人一步~ 来源 | 硬AI AI融资的"豪赌"与对冲考量 在AI需求的驱动下，为数据中心提供融资已成为德意志银行投资银行业务的一项"豪赌"。据一位该行高管透 露，银行已"大举押注"于数据中心融资。该行主要向服务于Alphabet、微软和亚马逊等"超大规模"科技巨头的 企业提供贷款，这些贷款通常由长期服务合同作为担保。 据报道， 德意志银行近几个月为瑞典集团EcoDataCenter和加拿大公司5C等提供了债务融资，帮助它们筹集 了超过10亿美元用于扩张 。虽然该行未披露对该行业的具体贷款总额，但据估计已达数十亿美元。 正是在这一背景下，对冲风险的讨论浮出水面。除了做空AI股票，银行考虑的合成风险转移（SRT）交易，实质 上是将贷款的违约风险通过衍生品打包出售给外部投资者。这两种方式都旨在为银行的资产负债表提供一层保 护，以应对潜在的市场回调。 泡沫担忧升温 监管与市场发出警示 德意志银行的审慎姿态并非孤例，它反映了市场对AI泡沫日益增长的普遍担忧。一些怀疑论者指出，大量资金正 涌入一个未经充分检验的行业，其资产因技术迭代迅速而面临快速贬值的风 ...

Core Insights - The potential ruling by the Supreme Court on tariffs could lead to a short-term positive impact on equities, particularly for consumer companies that have not yet recovered from pandemic-related challenges [2][10] - The current bond yields are perceived to be low, with expectations that they should be closer to 4.5% for the 10-year yield, raising concerns about government revenue from tariffs and the overall deficit [4][8] - The contribution of tariff revenue to the government budget is considered overstated, as the impact on corporate profits and subsequent tax revenues must also be taken into account [5][8] Tariffs and Market Impact - The removal of tariffs could be viewed as a tax cut, potentially benefiting the market and consumer companies significantly [6][10] - There is skepticism regarding the sustainability of tariff revenue, especially in light of the overall government spending of $7 trillion, indicating that the tariffs may not significantly affect the budget [7][8] - The discussion around tariffs has been ongoing for several months, with indications that the Supreme Court may rule them illegal, which could drastically change the market landscape [9][10] Job Market and Economic Indicators - Recent job market data indicates the largest drop in layoffs in October in 20 years, suggesting a significant slowdown in the job market [11] - Despite the negative job market indicators, some high-frequency data suggests that the economy may be moving past the worst phase and approaching slightly positive conditions [12][13] - The overall assessment of the American economy indicates a prolonged slowdown, with revisions and measurement issues complicating the understanding of the current state [12][13]