金信期货日刊-20250716

1. Report Industry Investment Ratings - No information provided 2. Core Views of the Report - The GDP in the first half of the year increased by 5.3% year-on-year, and the growth rate in the second quarter was 5.2%. The stock index futures market is expected to continue to fluctuate at a high level [4]. - The Fed's decision not to cut interest rates has led to a decrease in the expectation of rate cuts this year, causing an adjustment in the gold market. However, the long - term outlook for gold remains positive, and it is advisable to buy on dips when it reaches an important support level [8][9]. - The macro - environment has improved, risk appetite has increased, and the iron ore market is in a positive feedback repair state. Technically, it is expected to maintain a strong consolidation at a high level, and a bullish view is recommended [12]. - The glass market is mainly driven by news and sentiment. Although the fundamentals have not changed significantly, the price has support below after a high - level decline today, so a bullish view is taken [14][15]. - As of July 9, 2025, the total inventory of methanol at Chinese ports has increased. The inventory in East China has increased, while that in South China has decreased. With the continuous accumulation of port inventory, a short - selling strategy with a light position is recommended [18]. 3. Summaries According to Related Catalogs 3.1 Technical Analysis of Stock Index Futures - The GDP in the first half of the year increased by 5.3% year - on - year, and 5.2% in the second quarter. The market is expected to continue high - level fluctuations [4]. 3.2 Technical Analysis of Gold - The Fed's decision not to cut interest rates has reduced the expectation of rate cuts this year, causing a short - term adjustment in the gold market. But the long - term trend is upward, and it can be bought on dips at important support levels [8][9]. 3.3 Technical Analysis of Iron Ore - The macro - environment has improved, risk appetite has increased, and the iron ore market is in a positive feedback repair state. Technically, it maintains a strong consolidation at a high level, and a bullish view is appropriate [12]. 3.4 Technical Analysis of Glass - The fundamentals of the glass market have not changed significantly, and it is mainly driven by news and sentiment. After a high - level decline today, there is support below, so a bullish view is recommended [14][15]. 3.5 Technical Analysis of Methanol - As of July 9, 2025, the total inventory of methanol at Chinese ports is 71.89 tons, an increase of 4.52 tons from the previous period. East China has seen inventory accumulation, while South China has experienced destocking. With continuous inventory accumulation, a short - selling strategy with a light position is suggested [18].