宝城期货股指期货早报-20250708

1. Report's Industry Investment Rating - There is no information about the industry investment rating provided in the report. 2. Core Viewpoints of the Report - For the IH2509 variety, the short - term view is "oscillation", the medium - term view is "rise", and the intraday view is "oscillation with a slight upward bias", with the core logic being that positive policy expectations provide strong support [1]. - For IF, IH, IC, and IM varieties, the intraday view is "oscillation with a slight upward bias", the medium - term view is "rise", and the reference view is "oscillation with a slight upward bias". The core logic is that recent stock market trading volume has decreased, indicating weakened market chasing sentiment and slower upward momentum of stock indices. The main logic for the stock index rebound is the need for favorable policies to stabilize economic demand and market expectations, and the market is waiting for policy implementation from the Politburo meeting in July. In the short term, stock indices will mainly oscillate within a range [5]. 3. Summaries Based on Related Catalogs 3.1 Variety Viewpoint Reference - Financial Futures Stock Index Sector - For the IH2509 variety, short - term: oscillation; medium - term: rise; intraday: oscillation with a slight upward bias; view reference: oscillation with a slight upward bias; core logic: policy - end positive expectations provide strong support [1]. 3.2 Main Variety Price Market Driving Logic - Financial Futures Stock Index Sector - Varieties: IF, IH, IC, IM. Intraday view: oscillation with a slight upward bias; medium - term view: rise; reference view: oscillation with a slight upward bias. Yesterday, each stock index oscillated narrowly. The total stock market trading volume was 1227 billion yuan, a decrease of 227.4 billion yuan from the previous day. The recent decline in trading volume reflects weakened market chasing sentiment and slower upward momentum of stock indices. The main logic for the stock index rebound is the need for favorable policies to stabilize economic demand and market expectations, and the market is waiting for policy implementation from the Politburo meeting in July. In the short term, stock indices will mainly oscillate within a range [5].