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    December 10, 2025
    Dr. Helen Belopolsky recently joined Deutsche Bank Research as the Global Head of Geopolitical Research. She brings to the role over two decades of frontline experience advising governments, financial institutions, corporates and a variety of other businesses on how geopolitical developments shape markets. Known for her ability to translate fast-moving geopolitical events into actionable insights, she – along with Miha Hribernik, newly-appointed Chief Geopolitical Strategist for Asia – will support Deutsche Bank’s clients in anticipating risks, identifying strategic opportunities and making more informed decisions in an increasingly volatile landscape. In our latest ‘Q&A with’, Helen shares some of her thoughts on key geopolitical themes to watch in 2026.

    Breadth, depth and originality

    December 3, 2025
    As we close the chapter on a turbulent year,the road ahead looks volatile but broadly positive. The dominant theme in
    2026 will be the transformative potential of AI, which will continue to drive productivity gains and faster growth. [more]
    November 5, 2025
    The intra-European air transport sector has fully recovered from the Covid-19 pandemic, with the number of available seats reaching a new record high in the first half of 2025. [more]
    October 31, 2025
    Germany’s trade deficit with China has been growing and will likely reach a record level of over 2% of GDP this year. At the same time, Chinese export restrictions for on certain chips and several raw materials threaten German supply chains. [more]

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    December 18, 2025
    (17:02 min)
    In the Macro MATTers podcast, Matthew Luzzetti (Chief US Economist) and Matthew Raskin (Head of US Rates Research) discuss recent events moving markets.

    In this episode, they host Richard Clarida, Managing Director at PIMCO and former Vice Chairman of the Federal Reserve Board of Governors, for a wide-ranging discussion on the outlook for the US economy, monetary policy, and markets.

    Dr. Clarida is a managing director in the New York office and PIMCO's global economic advisor. Prior to rejoining PIMCO in 2022, he was the firm's global strategic advisor from 2006 to 2018. He served as Vice Chairman of the Board of Governors of the U.S. Federal Reserve System from September 2018 to January 2022. Dr. Clarida is also the C. Lowell Harriss Professor of Economics and International Affairs at Columbia University. Prior to joining PIMCO in 2006, he was Assistant Secretary of the Treasury for Economic Policy, in which he served as chief economic advisor to two U.S. Treasury Secretaries. Earlier in his career, he was with Credit Suisse and Grossman Asset Management. He has 26 years of investment experience and holds a Ph.D. and a master's degree in economics from Harvard University. He received an undergraduate degree with Bronze Tablet Honors from the University of Illinois.
    November jobs report
    December 17, 2025
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    FOMC update
    December 12, 2025
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