Group 1 - Global stock funds attracted a net inflow of $10.21 billion in the week ending July 9, marking the second consecutive week of inflows, although significantly down from the previous week's $37.54 billion [2][5] - European stock funds saw an inflow of approximately $5.21 billion, the highest level since May 21, while U.S. and Asian funds recorded net inflows of $2.1 billion and $426 million, respectively [5] - Sector funds experienced a net inflow of $2.21 billion, with the technology sector showing strong performance, attracting $1.8 billion, while healthcare sector funds faced a net outflow of nearly $1.06 billion [5] Group 2 - Global bond funds continued to see strong demand, with a net inflow of $16.83 billion over 12 consecutive weeks, including $4.36 billion in euro-denominated bond funds, the highest weekly inflow in four weeks [8] - Short-term bond funds and high-yield bond funds attracted net inflows of $3.32 billion and $967 million, respectively [8] - Money market funds recorded a robust net inflow of $44.97 billion for the second consecutive week [8] Group 3 - In the commodities sector, gold and precious metals funds attracted a net inflow of $33.8 million for the seventh consecutive week, while energy funds experienced a net outflow of $8.6 million [10] - Emerging market equity funds saw a net inflow of $3.67 billion, the highest since October 9, 2024, while emerging market bond funds recorded a net inflow of $2.55 billion [10]

Group 1 - The core viewpoint is that oil prices need to rise by 50% or more to pose a significant threat to overall inflation, which would require Brent crude prices to exceed $100 per barrel [1] - The relationship between oil prices and inflation indicates that a 10% increase in oil prices only contributes approximately 0.1% to overall inflation [1] - Despite ongoing Middle Eastern conflicts disrupting financial markets, the actual impact may be less than investors expect, as market reactions remain calm [1][2] Group 2 - Current global crude oil supply is ample, with prices around $70 per barrel, which is historically low [2] - Oil prices have already incorporated about a 20% "geopolitical risk premium," reflecting market calculations of potential conflict escalation [2] - The potential response from Iran regarding the Strait of Hormuz is crucial, but a complete blockade of this international waterway is impractical [2] Group 3 - Since June 13, Brent crude prices have risen by approximately 10%, which could lead to energy inflation slightly above 5% for the G7 countries over the next year [3] - This increase in energy prices is not expected to trigger broader inflationary pressures [3]