中东战局持续发酵,中美关系延续稳态
citic securities·2025-06-18 02:45

Market Overview - A-shares declined slightly, with the Shanghai Composite Index down 0.04% to 3,387 points, while the Shenzhen Component Index fell 0.12% and the ChiNext Index dropped 0.36%[15] - U.S. stocks fell across the board, with the Dow Jones down 299 points or 0.7%, the S&P 500 down 0.84%, and the Nasdaq down 0.91%[9] - European stocks also declined, with the DAX down 1.12% and the FTSE 100 down 0.46%[9] Commodity and Currency Movements - International oil prices surged over 4%, reaching a nearly five-month high, with WTI crude oil at $74.84 per barrel and Brent crude at $76.45 per barrel[23] - The U.S. dollar strengthened ahead of the Federal Reserve's decision, with the dollar index rising 0.8%[22] - Gold prices experienced slight fluctuations, while copper prices fell[23] Fixed Income Market - U.S. Treasury yields briefly rose before closing lower, with the 10-year yield at 4.39%, down 5.7 basis points[26] - The spread on Chinese investment-grade bonds widened by 1-3 basis points amid selling pressure in the Asian bond market[26] Geopolitical Concerns - The ongoing Middle East tensions have raised supply concerns, impacting market sentiment and leading to increased volatility in risk assets[26] - U.S. retail sales saw the largest decline since the beginning of the year, down 0.9% month-over-month, which has contributed to market fears[26] Sector Performance - In the U.S., only the energy sector saw gains, up 1.03%, while healthcare led the declines, down 1.64%[9] - In Hong Kong, the Hang Seng Index fell 0.34%, with healthcare and new consumption sectors leading the losses[11]

中东战局持续发酵,中美关系延续稳态 - Reportify