Vi e w p o i n t | 24 Jul 2026 10:01:09 ET │ 107 pages Emerging Markets Economic Outlook & Strategy Artificial Intelligence and the EM Growth Divide CITI'S TAKE There are only a few potential EM winners (Taiwan, Korea, Singapore) in the US-led AI capex cycle, but if the 1990s IT revolution were any guide, prospects for future productivity gains could accrue more to the "users" versus "producers". Here too, EM looks relatively disadvantaged vs DM, as AI adoption prospects remain highly correlated with per ca ...

July 24, 2026 02:24 PM GMT India Energy | Asia Pacific M Idea How India Sourced Fuel? Lesson for 2H26 India imports 80% of its crude oil and ethane, half of its natural gas and cooking gas, and part of its plastics. Corporate comments on how the country managed the energy challenges in 2Q26 may help identify winners for 2H26 and beyond. Indian refiners representing 64% of the country's fuel refining capacity reported earnings and held investor calls. We think their 2Q26 playbook to navigate oil and LNG mark ...

July 24, 2026 02:26 PM GMT U.S. Data Pulse: Tariffs and inflation | North America Section 301 forced-labor tariffs leave our inflation outlook unchanged | M | | | | --- | --- | --- | | Downloaded by zouguanzhong@cramc.hk | Not for redistribution without written consent of Morgan Stanley | | | | | Update | | July 24, 2026 02:26 PM GMT | | | | U.S. Data Pulse: Tariffs and inflation North | Morgan Stanley & Co. LLC | | | America | Michael T Gapen Chief US Economist | | | | Michael.Gapen@morganstanley.com | +1 ...

July 24, 2026 02:26 PM GMT U.S. Data Pulse | North America June New Home Sales: Pickup in June but still soft Key Takeaways Exhibit 1: US new home sales Source: Census Bureau, Haver Analytics, Morgan Stanley Research | M Downloaded by zouguanzhong@cramc.hk July 24, 2026 02:26 PM GMT | Not for redistribution without written consent of Morgan Stanley | Update | | --- | --- | --- | | U.S. Data Pulse North America | Morgan Stanley & Co. LLC | | | | Michael T Gapen | | | | Chief US Economist | | | June New Home ...

July 24, 2026 02:25 PM GMT Podcast | The Thematic Edge | Europe M Idea Europe's Fiscal Reckoning: Can Growth Beat the Debt Trap? Our head of EMEA Sustainability Research and Chief Europe Economist discuss Europe's intensifying fiscal pressures and whether governments can create room for ageing, defense, and higher interest costs without undermining growth. Play Audio Related Research: Europe Fiscal Policy: From Cheap Debt to Hard Choices (July 8, 2026) Morgan Stanley & Co. International plc+ Rachel Fletcher ...

July 24, 2026 02:38 PM GMT Eoptolink Technology Inc Ltd | Asia Pacific M Update Risk Reward Update What's Changed | Eoptolink Technology Inc Ltd (300502.SZ) | From | To | | --- | --- | --- | | Bull Case | NA | Rmb642.86 | | Base Case | NA | Rmb500.00 | | Bear Case | NA | Rmb321.43 | | Updated Components | | | | EPS | | | Bull Base Bear Scenarios Risk Reward for Eoptolink Technology Inc Ltd (300502.SZ) has been updated Reason for change We adjust our EPS estimates and scenario values based on the company's s ...

From our conversations, many investors expect SpaceX stock could realistically hit $100/share with the first waves of lockup expiry. So, what would $100/share mean? 18x EV/EBIT (FY28). Zero to negative implied AI value, with space & connectivity results materially below our ests. Reiterate OW. July 24, 2026 03:00 PM GMT SpaceX | North America M Idea SpaceX Approaches $100: What's in the Price? Please see here for our SpaceX Initiation: SpaceX: AI's Final Frontier; Initiate at Overweight, PT $300 (7 Jul 2026 ...

July 24, 2026 02:52 PM GMT UK Rates Strategy | Europe BoE in Focus, Risk-Reward Still Favours Receiving September MPC Duration across the board remains highly correlated with energy prices, with the latest geopolitical developments driving a sell- off. We retain bullish front-end exposure, hedge geopolitical risk via long 5y breakevens and remain long 10y ASW. Key Takeaways Click here for our Bloomberg Ticker Almanac. The 2026 Extel Global Fixed Income Poll is now open and your participation matters a great ...

Global CLO Market 2026 H1 Update Call Video Webcast Speakers Ratul Roy E v e n t R e p l a y 24 Jul 2026 10:57:30 ET │ 2 pages Michael H Anderson +1-212-723-3819 michael.henry.anderson@citi.com Jovita Li +1-212-723 5418 jovita.li@citi.com Global CLO Market 2026 H1 Update Call 24 July 2026 Michael Anderson Jovita Li View Disclosures Ratul Roy +44-20-7986-9003 ratul.roy@citi.com Event Replay If you are visually impaired and would like to speak to a Citi representative regarding the details of the graphics in ...

Citi Research July 24, 2026 Health Tech and Distribution Weekly For Your Health: Your Weekly Health Tech and Distribution Data Pack aniel GrosslightAC ealthcare Technology and Distribution nalyst aniel.Grosslight@citi.com 12-816-9180 Luismario Higuera Healthcare Technology and Distribution Associate Luismario.Higuera@citi.com 212-816-8795 ee Appendix A-1 for Analyst Certification, Important Disclosures and Research Analyst Affiliations 1. Stock Price Performance and Valuation 2 Health Tech and Distribution ...