EFTA Document EFTA01449330

30 July 2013 Exchange Rate Perspectives: FX and the Financial Transaction Tax Commodity Price and Currency Monitor [Figure I: CRB Commodity Prices and components (Figure 2: Energy prices 1330 1100 000 330 COO 393 100 -lamed Jon.04 - flaw naularet . .F000sculls - Paw* — twos!** an4 4,04Jas:144.1 son on4 0..1444 —CND Cownonnv Pnoon On* J AVAW hr e Sane DO IN "eleven. riewre 700 000 "Co . 400 • 200 ISO 140 120 100 00 eo 20 • •0•11.1PC•lienTI. flt•IVra Natural Garb C1/01nrittukf • lel J n. Jon bn Jon Jan. Jon. Jon. Jon. an Jon- Jon- Jon. 02 03 04 00 OD 07 00 OD 10 11 12 13 100 iFigure 3: Precious metals 2503 2000 1500 1000 500 0 Jon-02 — Gob Peke 0.043/544 os) Pusum Mc. drew .4 --.Potodiwn 9 1/44 Ifflor 46 - hke WIroy 42.4531 .01 Swap Daaraa%. aro Haw JAA.04 44608 J061.012 Jan.10 Jen.12 a d3 30 33 20 23 16 Sant Deuntnetlant Haw 10 12 0 !Figure 1: Industrial metals - 44••••••1" RICO MANI* TC•••••1 - Capon Prwollitaoto Tan — 1.sall.nnillAsube Toro* - DI* Pecoil•Uon to... 10000 • •••••••• HUSH Pres IlAtolitic Tan. Mho) Tr•P•K•ilf.fetre Tana e•-•• 0000 4000 4930 44 ,/ 0 Jon.02 Jona Ja.oei Jona Jeo-10 Jan-12 ! Sewer Oat** Sint Maw iFigure 5: Commodity Currencies and Prices I 10 095 0013 065 0 96 88 90 92 94 90 90 00 02 04 06 08 10 12 Snot dascit• Swil. Hoe •—••••••CAD/uS0 — .... 412134.150 —CAD 190 05003 00300 40000 30000 20000 10000 0 Figure 6: The dollar cycle and global growth cycle 0.10 0.10 0.06 CO,, 01,1ion oleo soles own 814 - -0 Conelaiion 1.001 May 3000 -0.0' a.3 44 3.0 400 0.00 4 6 4.7 350 .1 Et 300 J 0 250 .0.16 Jan-01 439-05 Jan-139409-93409-07 ../an-01 Janet I . 1 Ci Page 34 Sara 0•40.• ant Have Deutsche Bank Securities Inc. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0 104690 SDNY_GM_00250874 EFTA01449330