Diversified Capital Markets

Deutsche Bank AG

Today’s Key News Recap

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0512 | Dolphin Research Focus — Macro/Industry. The BLS will release Apr CPI at 20:30 Beijing time on Tue, with the street expecting 3.7%–3.8% YoY and 0.6% MoM, as core inflation is supported by rents and oil.The print is a key input for the Fed's Jun FOMC. A beat would curb rate-cut odds and lift UST yields, pressuring global risk assets near term. A miss would likely revive easing trades, benefiting growth and HK tech...

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Tencent Holdings Limited

Tencent HK SDR 10to1

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Alibaba HK SDR 5to1

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Tencent Music

Amazon

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Kuaishou HK SDR 5to1

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JD HK SDR 10to1

JD.com

Kuaishou to spin off 'Kling' for a standalone listing; Tencent holds the line on social | Daily News Recap

Asian Banks Expand ECM Teams to Capitalize on Market Recovery, Deutsche Bank and UBS See Significant Profit Growth

Deutsche Bank's Liquidity Coverage Ratio Rose to 174% in Q1 2026

Goldman Sachs Raises Deutsche Bank Target Price to 36.75 Euros

Deutsche Bank increases holdings in Strategy stocks to $140 million

Morgan Stanley Analyst Reiterates Buy Rating on Deutsche Bank

Deutsche Bank Provides Financing for Ares to Acquire Italian Logistics Portfolio

Deutsche Bank Executive Claudio de Sanctis Sells 188,000 Shares

ECB Maintains Key Rates Unchanged, No Clear Signal on June Hike

DZ BANK Maintains Buy Rating on Deutsche Bank

Deutsche Bank AG released FY2026 Q1 earnings on April 29 (EST), actual revenue USD 9.342 B (forecast USD 9.804 B), actual EPS USD 1.2147 (forecast USD 1.0464)

Deutsche Bank Announces Q1 2026 Earnings, Emphasizes Sustainable Development Strategy

Goldman Sachs analyst maintains hold rating on Deutsche Bank

Deutsche Bank Exceeds Q1 Earnings Estimates

Deutsche Bank Reports Record Quarterly Net Profit and Raises Revenue Outlook

Barclays Downgrades Deutsche Bank and Revises Earnings Forecast

Deutsche Bank reports Q1 fixed income sales and trading revenue of 2.85 billion euros

Deutsche Bank reports negative 519 million euros in credit loss provisions for Q1

Deutsche Bank Announces Q1 Net Revenue Up 1.7% YoY

Deutsche Bank AG to release FY2026 Q1 earnings on April 28 during market hours (EST), forecast revenue USD 10.08 B, EPS USD 1.0464

European regulators urgently review AI model cybersecurity risks

Amesite

InMed Pharmaceuticals

Meiwu Tech

Co-Diagnostics

Phoenix Asia

Generation Income Properties

MetaVia

BAYVIEW ACQUISITION CORPORATION COM USD0.0001 (S/R) 17/11/2028

Virax Biolabs

Rubico

Ordinary dividend (cash)

Ex Date: 2026.05.29 (EST), Cash dividend 0.7362 EUR

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Deutsche Bank analysts suggest that risk assets like stocks and commodities are likely to remain resilient despite concerns over a prolonged conflict in Iran. They note that current conditions differ from past energy shocks that led to significant selloffs. The S&P 500 is close to its all-time high, and credit spreads are tighter than before the conflict began. Analysts highlight that key factors such as persistent energy shocks, recessionary economic data, and aggressive central bank tightening are not present at this time.

- Analysts at Deutsche Bank suggest that riskier assets are likely to remain resilient despite heightened geopolitical tensions in the Middle East.  
- They emphasize that past selloff conditions—such as persistent energy shocks, recessionary economic data, and aggressive central bank tightening—are not present in the current market.  
- Current indicators, including stable stock market performances and strong labor data, contrast with historical patterns, suggesting limited immediate risk to these assets.

Dow Jones

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VG S&P 500

Deutsche Bank AG Subscription Rights

Deutsche Postbank AG

Don't worry about risk assets coming under pressure just yet, Deutsche Bank says

HSBC

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Several brokers have raised their RMB forecasts, citing China's export competitiveness and stable US trade relations. HSBC increased its year-end forecast to 6.65 per USD, while Deutsche Bank raised theirs to 6.55. Goldman Sachs predicts USD/CNY will reach 6.5 within 12 months, up from previous estimates, supported by China's trade surplus and strong exports.

- Several brokers have raised their forecasts for the RMB due to China's export competitiveness and stable trade relations with the US.  
- As of May 19, the RMB appreciated approximately 2.6% against the USD, prompting HSBC and Deutsche Bank to increase their year-end predictions to 6.65 and 6.55 per USD, respectively, citing strong exports and domestic demand recovery.  
- Goldman Sachs also anticipates continued appreciation, adjusting its forecasts for USD/CNY to 6.8, 6.7, and 6.5 over the next twelve months, supported by China's significant trade surplus.

AASTOCKS News

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ChinaAMC SSE Financials Sector ETF Initiating Fund

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Brokers Raise RMB Forecasts; G Sachs Expects USD/CNY at 6.5 within 12 Mths

Sharma highlights that China's yuan constitutes only 2% of global reserves, despite its significant GDP and trade share. HSBC, Deutsche Bank, and Goldman Sachs have raised yuan forecasts due to strong exports and better U.S.-China trade relations. However, capital controls and limited market openness are structural barriers that impede the yuan's internationalization, leaving China as an 'incomplete superpower' in financial terms.

- The article discusses the financial power gap where China's yuan represents only 2% of global reserves despite its significant GDP and trade share.  
- It highlights that HSBC, Deutsche Bank, and Goldman Sachs have raised yuan forecasts due to strong exports and better U.S.-China trade relations.  
- Structural barriers like capital controls and limited market openness are noted as obstacles to the yuan's internationalization, restricting China's financial influence.

Sharma says China remains 'incomplete superpower' despite gains

FNCL

Deutsche Bank strategists advise investors to buy protection as market drivers weaken, citing fading military de-escalation and strong earnings. They recommend purchasing out-of-the-money puts on stock markets to hedge against potential corrections. The Deutsche Bank Pressure Index indicates rising market stress, and concerns over geopolitical tensions, particularly regarding the Strait of Hormuz and Taiwan, could further impact equity markets.

Financial Select Sector SPDR Fund

ISHRS Us Brokers & Sec Exchg

VG Financial

Fidelity MSCI Financials Index

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NVIDIA Corporation

As these market drivers start to weaken, it's time for investors to buy protection, says Deutsche Bank

Deutsche Bank AG(DB.US)

Don't worry about risk assets coming under pressure just yet, Deutsche Bank says

Brokers Raise RMB Forecasts; G Sachs Expects USD/CNY at 6.5 within 12 Mths

Sharma says China remains 'incomplete superpower' despite gains

As these market drivers start to weaken, it's time for investors to buy protection, says Deutsche Bank

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