股指期货将偏强震荡，白银、工业硅、多晶硅期货将震荡偏强，螺纹钢、铁矿石、焦煤、玻璃期货将偏强震荡，原油期货将震荡偏弱

Report Industry Investment Rating No relevant content provided. Core View of the Report Through macro - fundamental analysis and technical analysis using tools like the golden ratio line, horizontal line, and moving average, the report predicts the likely trends of today's futures main contracts. It anticipates that stock index futures will show a relatively strong oscillation, while silver, industrial silicon, and polysilicon futures will oscillate with an upward bias. Rebar, iron ore, coking coal, and glass futures will also have a relatively strong oscillation, and crude oil futures will oscillate weakly [1][2]. Summary by Related Catalogs 1. Macro News and Trading Tips - Chinese Premier Li Qiang held talks with Egyptian Prime Minister Madbouly, expressing China's willingness to strengthen development strategy alignment and expand cooperation in emerging fields [8]. - Chinese Vice - Premier Ding Xuexiang met with former US Treasury Secretary Paulson, stating that China is a major stabilizing factor in the world and hopes the US to develop mutually beneficial and stable economic and trade relations [8]. - The Chinese Ministry of Finance interpreted policies restricting EU medical device procurement, with specific budget thresholds and exceptions for EU - funded enterprises in China [8]. - The National Development and Reform Commission's Urban and Small Town Reform and Development Center aims to promote high - quality new urbanization actions [8]. - The Chinese Ministry of Commerce responded to Sino - US negotiations, rumors about Huang Renxun's visit to China, and refuted von der Leyen's remarks on over - capacity [9]. - China's retirees' basic pensions have increased by 2% since January 1, 2025 [9]. - In the first half of this year, local governments issued nearly 1.8 trillion yuan in replacement bonds, and experts suggest continuing debt risk resolution in the second half [9]. - US President Trump urged the Fed to cut interest rates and considered appointing a "shadow chairman" [10]. - The US will impose a 50% tariff on imported copper starting August 1, 2025 [10]. - Fed Governor Waller suggested considering a rate cut in July and reducing the balance sheet [10]. - Fed's Daly believes the Fed may cut rates twice this year, with policy uncertainties [11]. - Fed's Musalem said future inflation expectations may rise due to tariffs [12]. - The US Department of Defense will invest $4 billion in MP Materials [12]. - US initial jobless claims decreased for the fourth consecutive week, while continuing claims remained high [12]. - The Guangzhou Futures Exchange adjusted the price limit and margin standards for polysilicon futures contracts [12]. - International oil prices fell due to concerns about global demand and an unexpected increase in US crude oil inventories [12]. - International precious metal futures generally rose, supported by inflation concerns and central bank gold purchases [13]. - London base metals mostly closed higher, with copper prices showing an oscillatory trend [13]. - OPEC adjusted its global oil demand forecast, and OPEC + is discussing production adjustments [13]. - China's summer grain production was stable in 2025 [13]. - China's auto production and sales increased in June, especially for new energy vehicles [14]. - The on - shore RMB against the US dollar strengthened, and the exchange rate is expected to appreciate further [14]. - The US dollar index rose due to global trade uncertainties [14] 2. Futures Market Analysis and Forecast Stock Index Futures - On July 10, the main contracts of CSI 300, SSE 50, CSI 500, and CSI 1000 stock index futures all showed an upward trend with varying degrees of increase. It is expected that in July 2025, these stock index futures will have a relatively strong oscillation, and on July 11, they will continue this trend with specific resistance and support levels provided [15][19][20]. Treasury Bond Futures - On July 10, the main contracts of 10 - year and 30 - year treasury bond futures both declined. It is expected that on July 11, they will continue to oscillate weakly, with specific resistance and support levels given [40][42][45]. Precious Metal Futures - Gold futures showed an upward trend on July 10. It is expected that in July 2025, the main continuous contract will have a wide - range oscillation, and on July 11, the main contract will oscillate and consolidate. Silver futures had a slight increase on July 10. It is expected that in July 2025, the main continuous contract will oscillate strongly, and on July 11, the main contract will oscillate with an upward bias and may reach new highs [45][46][52]. Base Metal Futures - Copper futures had a slight increase on July 10. It is expected that in July 2025, the main continuous contract will have a wide - range oscillation, and on July 11, the main contract will oscillate and consolidate. Aluminum futures rose on July 10. It is expected that in July 2025, the main continuous contract will oscillate strongly, and on July 11, the main contract will oscillate with an upward bias. Alumina, zinc, industrial silicon, and polysilicon futures all showed upward trends on July 10, and it is expected that on July 11, they will continue to oscillate with an upward bias [55][61][66]. Energy and Chemical Futures - Crude oil futures had a slight increase on July 10. It is expected that in July 2025, the main continuous contract will oscillate strongly, but on July 11, the main contract will oscillate weakly. PTA and methanol futures are expected to oscillate weakly on July 11, while PVC and soda ash futures are expected to oscillate and consolidate and may attack resistance levels [7][102][108]. Building Materials and Metals Futures - Rebar, hot - rolled coil, iron ore, coking coal, glass, and soda ash futures all showed upward trends on July 10. It is expected that on July 11, rebar, hot - rolled coil, iron ore, coking coal, and glass futures will continue to oscillate with an upward bias, and soda ash futures will oscillate and consolidate and may attack resistance levels [4][82][90]. Lithium Carbonate Futures - Lithium carbonate futures had a slight decline on July 10. It is expected that on July 11, it will oscillate with an upward bias and may attack resistance levels [79].