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efta-01459592DOJ Data Set 10Other

EFTA01459592

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15 January 2016 Global Economic Perspectives: China's evolving FX policy Financial Forecasts tfrS Jig. Euro UK a•te• Swills' tan' Awl W.' 3M lowor-I Actual 0.26 0.15 .0 14 0.59 -0.35 -0.75 0.50 2.00 2.50 Baia' 0.15 0'S 0.35 -075 0.50 2.00 2.50 D8 icexasts Jun-16 1.06 0.15 .0 15 0.61 -0.35 0 75 0 50 1 (X) 250 1.3311110,16 -0.1$ 049 -0.35 -0 75 076 2O0 250 101' Gov' Actual 2.01 040 0.53 1.75 n a 11 a 1.25 2 15 s 3r) Bond/fields a:al: 0.751 n,a. n 4 300 350 Spftads Jun•10 2.75 0.45 0.75 1.90 D a no. 1.90 3.00 350 DE1 kxecastz; 2,25 045 1,10 210 4A. n a. 2.55 3.00 3.25 FUR, LMExt EUR/ GBP: FUR( EURt 050i AM NNW uF.D JPv GBP USD V i: CHF CAD USD USD Erawng. Actual ' 09 '17.4 0.76 "rwir 144 928 1.09 143 0.69 0.65 Rates a • y1.!.: 1.46 UN Si illIN Jun-06 7 02 '75 0 0 73 1 40 890 1.10 1 40 0.66 0.60 ginamair 0.95 12111.0 034 US 6,75 1.12 1.43 0.60 Ilr012 II) FOSS We an Sent owes • .10ailteS poW tees fl) FOSS MSS* an frocks, Cy Om reps/ ton ircatne *venni a EIS MVOS beleyirre Soon no den Sin from US RS SS* WS* SOWS boomes Mao LA SOS Sag meat. /tensed known% n told Op* [US 10Y rates 6.0 5.0 4.0 3.0 1.0 US government bond yields, 10Y 2Y/10Y six (ghs) 2002 2004 2006 2006 2010 2012 2014 2016 5.0 4.0 3.0 2.0 1.0 - 0.0 -1.0 Euroland 10Y rates Euro government bond yields, % 60 25 5.0 2.0 4.0 1.5 3.0 1.0 2.0 0.5 1.0 0.0 0.0 : -0.5 2002 2004 2006 2008 2010 2012 2014 2016 lay —2 1410Yiptass (ens) Sawn- Innatne Bent Rase-tin BIsertS ASS LP Sara& DOSS EIS ANOVA ESYSS I net? [Japan 10Y rates UK 10Y rates 2.5 Japan government bond yields, % 2.0 7.0 UK government bond yields, % 3.5 2.0 1.5 6.0 • 3.0 2.5 1.5 5.0 2.0 1.0 4.0 1.5 1.0 3.0 - 1.0 0.5 0.5 2.0 • 0.5 0.0 0.0 YflOY spread Ohs) 0.0 1.0 . 0.0 10Y -0.5 -1.0 —7Y/10Yspiresd (rhs) 2002 2004 2006 2008 2010 2012 2014 2016 Sect Dooncto ant *rearm. Alfacnibeg Some IP Deutsche Bank Securities Inc. 2002 2004 2006 2008 2010 2012 2014 2016 Sane DDSS 1st Moss* SOS, Sons LP Page 17 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0120101 SONY GM_00266285 EFTA01459592

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