EFTA01388021.pdf

Please see a note from our FX Daily Strategist Robin Winkler: http://pull.db-gmresearch.com/cgi-bin/pull/DocPull/710-D7E8/20361321/DB FXDailv 2017-11-20 4Sc07d52.1142- 456b-a94a-4e777cbab682 604.pdf Martin Zeman Director I Key Client Partners Deutsche Bark Wealth Management DB Securities Inc 345 Park Avenue. 10154-0CO4 New York. NY. USA Tel. +1(212) 250-0432 Mobil Email KCP products and services are intended and available only for persons who are sophisticated institutional investors within the meaning of the F1NRA Rule 4512(C)(3). and who are capable of evaluating the strategies, characteristics and investment risks of. and exercising independent judgment in evaluating. the ideas and products discussed herein. Trades and transactions are subject to relevant internal approvals of DDSI or its affiliates prior to execution. and the execution of any transaction or idea cfscussed herein is conditional on your becoming a client of Deutsche Sank. Key Client Partners (KCP) products. investment ideas and solutions and related matters discussed herein are provided for discussion purposes only. and strictly on a non- advisory basis. The KCP Americas desk does not provide investment advice. The information set forth herein is confidential andpersonal to you and is being presented for your information and for discussion purposes only. Any reproduction and/or redistribution thereof (in whole or in pad) or disclosure of its content without our written consent is strictly forbidden. This communication does not create any legally binding obligation on the part of DBS1or any of its affiliates. 026580 112017 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0091341 CONFIDENTIAL SDNY_GM_00237525 EFTA01388021