Deutsche Bank AG (DB): $DB will likely trade a $4-handle this w...

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Re: fromtheuk post# 940

Saturday, 03/14/2020 7:04:45 PM

Saturday, March 14, 2020 7:04:45 PM

$DB will likely trade a $4-handle this week. With the announcement by Merkel that up to 58M Germans will contract the coronavirus along with Trump's travel ban, it's going to weigh heavily on German industrial output and overall Germany economic activity. All factors which will damage $DB further in the weeks and months ahead.

https://www.reuters.com/article/us-health-coronavirus-germany-idUSKBN2110LS

https://www.bbc.com/news/world-us-canada-51835856

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