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

Oil tankers at sea amid geopolitical instability and market volatility

PERSPECTIVES Quarterly update

CIO PERSPECTIVES: Economic and asset class outlook – June 2026

This publication provides a summary update of our economic and asset class views, supported by 2026 and 2027 forecasts for GDP growth and inflation, along with 12-month (June 2027) targets for key policy rates and fixed income, equities, commodities and FX markets.

Jun. 09, 2026


Banner presenting 2026 economic outlook and strategic asset insights

PERSPECTIVES Quarterly update

CIO PERSPECTIVES: Economic and asset class update – March 2026

Published following our quarterly CIO Day, this outlook provides a summary update of our economic and asset class views for the next 12 months.

Mar. 04, 2026


Global Chief Investment Officer Christian Nolting

CIO Video Update

2026 so far: risks but also great opportunities

Global Chief Investment Officer Christian Nolting reflects on the year to date, outlining the key risks and emerging opportunities shaping markets — and what they could mean for investors in 2026.

Feb. 26, 2026


Christian Nolting discussing global economy on CIO update call

CIO Video Update

Annual outlook 2026 – Investing in tomorrow: opportunities and risks

Global Chief Investment Officer, Christian Nolting and the CIO team discuss where the global economy and markets may be headed – and what this could mean for investors in the year ahead.

Jan. 13, 2026


Searching for European investment themes

PERSPECTIVES Annual Outlook

Cyclical impulses: key investment themes for Europe in 2026

Europe's story is one of cautious optimism, strategic intervention, and the search for sustainable growth. Deutsche Bank Private Bank’s CIO for Germany, Ulrich Stephan, outlines what investors should watch out for in the year ahead.

Jan. 09, 2026


Mining for commodities

PERSPECTIVES Annual Outlook

Fierce competition: key investment themes for emerging markets in 2026

Deutsche Bank’s CIO for Emerging Markets, Professor Dr Jacky Tang, explores how fierce competition for critical commodities, shifting supply chains and evolving policy landscapes are shaping risks and opportunities for investors in 2026.

Jan. 07, 2026


Statue of Liberty

PERSPECTIVES Annual Outlook

Transformative forces: key investment themes for the US in 2026

Deepak Puri, Deutsche Bank Private Bank’s CIO for the Americas, outlines how AI-driven innovation, economic resilience, and shifting market dynamics in the US are setting the scene for recovery and opportunity in 2026 and beyond.

Jan. 07, 2026


A person adjusting a winch on a sailboat in stormy sea, navigating toward a distant city.

PERSPECTIVES Annual Outlook

Annual outlook 2026: Investing in tomorrow

The global economy is in flux, trade flows are shifting and new technologies are redrawing the economic map. In PERSPECTIVES 2026, we look to the year ahead across our ten key investment themes, identifying opportunities and risks for investors.

Dec. 05, 2025


Close-up of a yellow construction crane against a glass skyscraper facade.

PERSPECTIVES Quarterly update

CIO PERSPECTIVES: Economic and asset class update – September 2025

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

Sep. 12, 2025


Close-up of a yellow construction crane against a glass skyscraper facade.

PERSPECTIVES Quarterly update

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 Quarterly update

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


Banner presenting 2025 economic outlook and strategic asset insights

PERSPECTIVES Quarterly update

Economic and asset class update – Q2 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


Catamaran on the ocean approaching a city skyline, with a drone flying above.

PERSPECTIVES 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


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Note: This content was produced over a year ago. Readers should refer to disclosures and risk warnings at the end of the document.