Economic and market outlook

Gain expert perspective on the potential risks and opportunities ahead in the latest economic outlook published by our global Chief Investment Office (CIO).

Our latest reports

CIO Insights Outlook Update June 2025 | Wealth Management CIO Perspectives June 2025 | Economic and asset class outlook

PERSPECTIVES Outlook

CIO PERSPECTIVES: Economic and asset class update – June 2025

Published following our quarterly CIO Day, this outlook provides a summary update of our economic and asset class views for the year ahead.

Jun 03, 2025

CIO Insights Outlook Update April 2025 | Wealth Management

PERSPECTIVES Outlook

CIO PERSPECTIVES: Economic and asset class update – April 2025

This is an updated version of our quarterly PERSPECTIVES Economic and asset class outlook following our ad hoc CIO Day.

Apr 25, 2025

CIO Insights Outlook Update Q2 2025 | Wealth Management

PERSPECTIVES Outlook

CIO PERSPECTIVES: Economic and asset class update – March 2025

The latest quarterly update of our views includes 2025 and 2026 forecasts for GDP growth and inflation, along with 12-month targets for key policy rates and markets.

Mar 25, 2025

CIO Insights Annual Outlook 2025 horizontal illustration, showing the ocean with a catamaran on the left and a city skyline on the right, with a flying drone at the top right corner

CIO Annual Outlook

Annual outlook 2025: Deeply invested in growth

In PERSPECTIVES, the Deutsche Bank investment magazine, we review the landscape for the year ahead to identify the broader issues affecting investors over both short- and long-term horizons.

Dec 10, 2024

CIO Podcast

PERSPECTIVES Weekly podcast: September 1 – Decision time

In this week’s PERSPECTIVES podcast, Christian Nolting, the Private Bank’s Global Chief Investment Officer says that the Fed looks likely to cut rates at the next FOMC meeting and that markets forecast a further four or five cuts before the end of 2026. “The question,” he asks, “is will there be even more?” Christian also discusses the implications of a confidence vote called by France’s Prime Minister Bayrou and runs us through what will be another busy week for economic data. Listen to learn more.

Sep 01, 2025

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Change of name: As part of Deutsche Bank’s Private Bank, the former International Private Bank also adopted this title on July 20, 2023.