EFTA01449283.pdf

28 February 2013 Exchange Rate Perspectives Deutsche Bank CI U.S Exports-Imports by Commodity Fig 16: U.S. Trade Balance Excluding China & Fig 17: U.S. Trade Balance — Advanced Technology US$ Lit • amps, Ann ual CUSS brc I Olnel 11M11.1x4h1,405$ On I U 8 -5 -50 6 -10 -100 .150 -15 -200 -20 -250 -25 -300 30 -350 -35 403 199.1 1995 1996 2000 2002 2004 2006 2008 2010 2012 1996 1998 2000 2002 2004 2006 2008 2010 2012 Source' DataSteam Sovece• DataSvea-n Fig 18: U.S. Trade Balance - Petroleum Products Fig 19: U.S. Trade Balance - Consumer Goods U U .5 -50 5 -50 -10 -1C0 -100 -150 -15 -200 -19D -20 -250 -25 -20 -300 .250 -30 .350 C Morclnly IUSS ton c -35 302. -400 031119 40 450 Annual ViSS Vol Wee) 350 45 -500 .35 403 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 1961 1996 1996 2000 2002 2004 2006 2008 2010 2012 Seurte aStaStream Source: DateStreem Fig 20: U.S. Trade Balance - Capital Goods Fig 21: U.S. Trade Balance - Industrial Supplies f/Orichly CUSS bn I tbarsi AnnualIt/SS Ian I Onel 50 40 -5 -50 30 -10 -15 20 -20 10 -25 -250 0 MonNNMSS bv -30 300 (ben) -10 -35 -350 Annual CUSS On.1line) -20 -40 400 -30 -45 450 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 Source: Datatreem SOWN: DateSuarn Page 36 Deutsche Bank AG/London CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0104624 CONFIDENTIAL SDNY_GM_00250808 EFTA01449283