Subject: Re: Jeffrey - turkey. more than expected. Massive rally in the TRL and EM risk [I] From: Paul Morris ‹ > Date: Wed, 29 Jan 2014 21:22:42 -0500 To: Tazia Smith ‹ > Classification: For internal use only Thanks sounds good just landing from detroit Original Message From: Tazia Smith Sent: 01/29/2014 09:17 PM EST To: Paul Morris Subject: Fw: Jeffrey - turkey. more than expected. Massive rally in the TRL and EM risk [I] Classification: For internal use only Hi Paul - been one of those days (and still going), so apologies for my delayed update. Vanit/Nav and I spoke with JE this morning at 11am. Was a good call. We are coming back tomorrow with a senario analysis on the long dated yen call. He focused on it and got it this conversation. He understood the overlay to owning real assets in Japan too. JE re-stated for Vinite that all he wants is the trade (he did not sound annoyed) he just stated that he does not want market updates just the trade Vinit repeated, for the record!, "we will from here on forward assume that you already have the information." Aside: I've taken to updating Harry more, he likes the updates and I feel better knowing we have communicated that to the client! That's the update! Please call me tomorrow if you want to discuss further, we'll clearly cc you on the USDJPY option email. TDS (Embedded image moved to file: pic04012.gif) Tazia Smith Director I Key Client Partners - US Deutsche Bank Securities Inc EFTA01466894