Oil Back in the Limelight: Cross-Asset Spotlight | Global

研报英文原文证据摘录

Oil Back in the Limelight: Cross-Asset Spotlight | Global

Update

July 13, 2026 03:52 PM GMT

Morgan Stanley & Co. LLCMCross-Asset Spotlight | Global Serena W Tang

Strategist

Oil Back in the Limelight Serena.Tang@morganstanley.comMorgan Stanley India Company Private Limited+ +1 212 761-3380

Soham Sen

Signals, Flows, & Key Data: A weekly summary of key cross-asset StrategistSoham.Sen1@morganstanley.com +91 22 6995-2014

monitors, data, moves, and models tracking sentiment, fund

Morgan Stanley & Co. International plc+

flows, and positioning. Last week, Eurostoxx 50 fell 2.2%, Erika J Singh-Cundy

USDKRW fell 2.0%, and JGB 30Y yields fell 15bp. StrategistErika.Singh-Cundy@morganstanley.com +44 20 7425-0960

Key highlights from last week: Yimin Huang

• Eurostoxx 50 fell 2.2%. Our European equity strategies raised their MSCI Yimin.Huang@morganstanley.com +44 20 7677-2870

Europe target, citing tailwinds from inflation, AI, and global diversification.

• USDKRW fell 2.0%. Our Asia FX strategist sees scope for KRW upside as

corporate FX conversion may increase, and yields stay elevated amid BoK

rate hikes and strong macro.

• JGB 30Y yields fell 15 bp. Our Japan rates strategists see Katayama's remarks Recent Research:

encouraging pension funds to invest more in Japanese financial assets as Cross-Asset Conversations: AI Capex Meets

near-term supporting the yen and JGB sentiment, while the structural impact European Credit | Ep. 148 (12 Jul 2026)

may favor domestic alternatives over super-long JGBs. Cross-Asset Strategy: Global In the Flow – June

• Copper rose 0.8%. Copper is our commodities strategists' top pick, given Recap (1 Jul 2026)

tightening supply, strong Chinese buying, and event risk around US tariffs. Cross-Asset Brief: Does the Hawkish-Sounding