Group 1 - Deutsche Bank's investment banking division appointed Michael Wang as the head of consumer industry client business for Greater China [1] - Michael Wang previously served as the executive general manager at CICC and led the consumer industry team in Hong Kong [1] - The focus of the new role will be on serving clients in the consumer sector [1]

Core Viewpoint - Deutsche Bank's report indicates that the recent strengthening of the Renminbi (RMB) against the US dollar may signal the beginning of a long-term appreciation cycle for the currency [1][2] Group 1: Economic Indicators - The RMB's exchange rate is expected to improve due to a reduction in trade tensions, despite the increase in US tariffs on Chinese goods [1] - China's export performance has exceeded expectations, with growth in non-US regions effectively offsetting the decline in exports to the US [1] - There has been a notable increase in the willingness of export enterprises to convert foreign exchange, while the demand for foreign exchange from import enterprises has weakened [1] Group 2: Market Trends - The net inflow of foreign exchange under the trade account has steadily increased in recent months [1] - The flow of northbound capital in the Chinese stock market has significantly improved since August [1] - The market's short positions against the offshore RMB are at a recent low, providing room for further strengthening of the RMB [2] Group 3: Future Projections - Deutsche Bank forecasts that the RMB will appreciate to 7.0 against the US dollar by the end of 2025 and to 6.7 by the end of 2026 [2] - The seasonal characteristics of exports and strong demand for profit repatriation at year-end are expected to drive a concentration of foreign exchange conversion by exporters in the fourth quarter [1]

Core Viewpoint - Deutsche Bank has appointed Dr. Jacky Tang Chi Kit as the Chief Investment Officer (CIO) for Emerging Markets, effective October 6, 2025, pending regulatory approval [1] Group 1: Appointment Details - Dr. Jacky Tang has over 25 years of experience in financial markets and previously worked at Goldman Sachs, where he was the head of the Investment Strategy Group and Portfolio Management Group for Asia [1] - Prior to Goldman Sachs, Dr. Tang held positions at Credit Suisse, Morgan Stanley, BNP Paribas, Merrill Lynch, and Brevan Howard Asset Management [1] Group 2: Responsibilities and Reporting Structure - In addition to his role as CIO, Dr. Tang will also serve as the head of Discretionary Portfolio Management (DPM) for Emerging Markets, focusing on the growth of DPM business in the region [1] - He will report directly to Global CIO Christian Nolting and Global Head of Private Banking BLIS Custody Solutions Maria Haindl, and will join the leadership committee for CIO and Emerging Markets coverage [1]

Group 1 - The article discusses the author's journey into investing, starting in high school in 2011, focusing on REITs, preferred stocks, and high-yield bonds, indicating a long-standing interest in markets and the economy [1] - The author has recently adopted a strategy that combines long stock positions with covered calls and cash secured puts, emphasizing a fundamental long-term investment approach [1] - The author primarily covers REITs and financials on Seeking Alpha, with occasional articles on ETFs and other stocks influenced by macro trade ideas [1]

Group 1 - Deutsche Bank announced the hiring of Lisa McGeough as the head of its Americas region and CEO of U.S. operations [1] - McGeough previously held a similar position at HSBC before leaving after a few months [1] - She is set to start at Deutsche Bank in early 2026 and will report to Fabrizio Campelli, a member of the management committee responsible for corporate and investment banking as well as the Americas, UK, and Ireland [1]

Core Viewpoint - FTAI Aviation aims to be the largest provider of aftermarket engine power for the commercial aviation industry, focusing on the current generation 737NGs and A320CEO engines, which are widely used globally [1][2] Company Overview - FTAI Aviation operates as a vertically integrated company that owns and maintains airplanes, providing a full-service product that includes managing the entire asset class and maintenance activities [1] - The company offers airlines a combination of time and money savings, along with significant flexibility in their operations [1] Industry Position - FTAI Aviation positions itself as an outsourced engine maintenance provider for airlines that prefer not to manage maintenance in-house [2]

Core Viewpoint - The speech by Powell at the Jackson Hole conference highlighted the downward risks to the economy and employment, balancing the interest rate cut expectations of the U.S. government, markets, and the Federal Open Market Committee against inflation risks potentially triggered by tariffs [1] Group 1: Economic Indicators - The focus on labor market data has significantly increased, with its impact weight expected to rise notably [1] - If labor market data falls short of expectations, it could substantially elevate the Fed's interest rate cut expectations, potentially reigniting market speculation for one or more 50 basis point cuts [1] Group 2: Market Reactions - A disappointing ADP report, with a consensus of 80,000 jobs, could lay the groundwork for bearish sentiment towards the dollar, despite the index's limited predictive value for the subsequent non-farm payroll data [1] - In the event of heightened interest rate cut expectations, the dollar is anticipated to face further significant declines [1]

Deutsche Bank’s next strategic update will continue to rely on growth in its investment bank, CEO Christian Sewing said https://t.co/rcUoWQ5TB7 ...

Market Trends & Outlook - Deutsche Bank CEO expects bond yields to remain elevated in coming months [1] - Governments across the world are struggling to implement reforms and fiscal discipline [1]

Group 1 - Deutsche Bank has appointed Lisa McGeough as the head of the Americas and CEO of U.S. operations, indicating a strategic focus on growth in this key region [1] - McGeough will start her role in early 2026 and will report to Fabrizio Campelli, a member of the management committee responsible for corporate and investment banking as well as the Americas, UK, and Ireland [1] - McGeough's appointment is subject to regulatory approval, and she will also join the group management committee [1] Group 2 - Prior to this role, McGeough served as the president and CEO of HSBC's U.S. operations and held senior positions at Wells Fargo [1]