Insights

On Wednesday, President Trump announced his decision to put a 90-day pause on reciprocal tariffs on all countries except China. The reciprocal tariffs, which were announced a week prior, were set to take effect on April 9th and targeted a broad range of trading partners.

The U.S. administration has now announced the details of its “reciprocal” tariffs on trading partners. In this CIO Perspectives Memo, “Liberation Day” rattles markets, we discuss how they will work, what could happen next and the implications for economies, financial markets and investors.

Long term Capital Market Assumptions (LTCMA) form a vital component of systematic long-term asset allocation approaches. This report highlights significant developments to our 10-year (i.e. 2025-2034) asset class return assumptions since the last review, and the impact of macroeconomic and monetary policy developments, amongst other factors. It presents LTCMA for selected sub-asset class indices within equities, fixed income and commodities.

In this PERSPECTIVES Viewpoint FX: Paradigm shift in the currencies markets – we examine the factors influencing the development of exchange rates in the next twelve months and present our corresponding forecasts.

The latest quarterly update of our views includes 2025 and 2026 forecasts for GDP growth and inflation, along with 12-month targets for key policy rates and markets.

We’re always looking for ways to connect our partners and raise awareness of things we know our clients care about. Together with our partners, we track biodiversity in our ocean in this eDNA project initiative.

In this report, we describe initial findings from our research project to monitor ocean biodiversity. Working with our partners, we used environmental DNA (eDNA) techniques to analyse ocean water samples.

Life Pillars provide essential resources and services crucial for the prosperity of humanity and the global economy — and yet they are often undervalued or taken for granted.

We are on a journey to raise awareness about the importance of the ocean to the global economy and life on earth. Our focus on the ocean has shaped our research and deepened our understanding of the links between nature and the economy.

At the Economist’s 11th annual World Ocean Summit, we hosted a "How To" session aimed at creating a set of action points and practical takeaways for individuals and organisations committed to restoring ocean health.

Join Frieze Studios Creative Director Matthew McLean as he meets some of the most exciting artists at this year's fair, explores the venue's unique mixture of indoor and outdoor spaces and visits the Deutsche Bank Wealth Management Lounge.

Join Frieze Studios Creative Director Matthew McLean as he meets the artists and gallerists exhibiting on the opening day of Frieze London & Frieze Masters. In this guided video tour, he explores the fair's new format and takes a closer look at the works catching his eye.

Join Frieze Studios Creative Director Matthew McLean as he explores the pulsating contemporary art scene of Seoul and the highlights of this year's Frieze Art Fair in the city.

This edition of Art:LIVE takes in an eye-catching exhibition in a Chelsea gallery, performance highlights along the High Line, and insights from inside The Shed where we meet the artists and gallerists exhibiting on Frieze New York's Preview Day.

The work of the South African photo and video artist is about artistically processing the history of colonialism and apartheid, experiences of masculinity and patriarchy. We take a look at his work as part of our series on 20 artists with whom we have collaborated and whose work features in the Deutsche Bank Collection.