金信期货日刊-20250610

Group 1: Report Core View - The sharp rise in Shanghai silver futures is driven by multiple factors, including geopolitical risks, expectations of Fed rate cuts, increasing industrial demand, and the undervaluation of silver relative to gold. In the long - term, the expansion of the new energy industry will support silver prices, but there are short - term uncertainties [3] - A - share major indices are rising strongly, with the 1000 index showing the strongest performance. The market is expected to continue a strong and volatile upward trend this week [6][7] - Gold is in a short - term oscillatory pattern but is bullish in the long - term. It's advisable to buy on dips rather than chase the rally [10][11] - Iron ore has a high over - valuation risk due to weak reality, but the continuous decline in port inventory supports the market. It should be viewed with an oscillatory and bullish mindset [14][15] - Glass is running slightly stronger today. An oscillatory and bullish view remains, pending the effects of real - estate stimulus or major policy announcements [17][18] - Urea's price is in a weak adjustment. With domestic daily production at about 205600 tons and an operating rate of about 87.23%, agricultural demand is slow. When it reaches the previous support area, short - position holders should be wary of a strong long - position rebound [20] Group 2: Industry Investment Rating - No information provided Group 3: Summary by Related Catalogs Hot Focus: Shanghai Silver Futures - Reasons for the sharp rise: geopolitical risks increasing investors' risk - aversion, expectations of Fed rate cuts in 2025 weakening the US dollar and driving funds into the silver market, surging industrial demand in the new energy industry, and the expectation of the return of the gold - silver ratio [3] - Outlook: short - term uncertainties exist, but long - term industrial demand expansion will support prices [3] Technical Analysis: Stock Index Futures - Market situation: A - share major indices are rising strongly, with the 1000 index being the strongest [7] - Outlook: expected to continue a strong and volatile upward trend this week [6] Technical Analysis: Gold - Market situation: in a short - term oscillatory pattern [11] - Outlook: bullish in the long - term, advisable to buy on dips [10][11] Technical Analysis: Iron Ore - Market situation: over - valuation risk due to weak reality, but port inventory decline supports the market [15] - Outlook: view with an oscillatory and bullish mindset [14] Technical Analysis: Glass - Market situation: supply has no major cold - repair due to losses, factory inventory is high, and downstream demand is not strong [18] - Outlook: oscillatory and bullish view remains, pending real - estate stimulus or major policies [17] Technical Analysis: Urea - Supply: domestic daily production is about 205600 tons, and the operating rate is about 87.23% [20] - Demand: agricultural demand is slow, and downstream follow - up is limited [20] - Outlook: price is in a weak adjustment, and short - position holders should be wary of a long - position rebound at the previous support area [20]