Report Summary 1. Report Industry Investment Rating - For stock index futures, the strategy suggests a volatile operation [2] - For treasury bond futures, the short - term outlook is positive [3] 2. Report Core Views - Stock Index: China's Ministry of Foreign Affairs stated that there is no consultation or negotiation on tariffs between China and the US. China has strong strategic determination, and the probability of major favorable policies before the holiday is low. It is advisable to adopt a defensive strategy during the holiday [1] - Treasury Bond: During the policy - free window period, there is no clear market guidance, and the bond market is in a calm state. The market is fatigued by the repeated Sino - US tariff negotiations under the medium - and long - term logic, and the pricing is gradually weakening. Before clear policy signals or economic data are released, the low - volatility market of the bond market may continue [2] 3. Summary by Related Catalogs Stock Index - Market Review: The main contract futures of CSI 300 fell 0.19%, the main contract futures of SSE 50 rose 0.06%, the main contract futures of CSI 500 fell 0.52%, and the main contract futures of CSI 1000 fell 0.97% [4] - Technical Analysis: The KDJ indicator shows that the broader market is oscillating with a slightly stronger trend [5] Treasury Bond - Market Review: The 10 - year main contract rose 0.03%, the 5 - year main contract fell 0.06%, the 30 - year main contract rose 0.30%, and the 2 - year main contract rose 0.01% [6] - Technical Analysis: The KDJ indicator shows that the T main contract is oscillating [7] Futures Data - On April 28, 2025, detailed data on closing prices, price changes, trading volumes, and open interests of various futures contracts such as CSI 300, SSE 50, CSI 500, CSI 1000, 10 - year treasury bond, 5 - year treasury bond, 30 - year treasury bond, and 2 - year treasury bond are provided [9]
金融期货日报-20250429
Chang Jiang Qi Huo·2025-04-29 02:35