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 various futures contracts on July 18, 2025. Index futures are expected to oscillate strongly, while some futures such as silver, copper, and aluminum are also predicted to have a strong - side oscillation, and lithium carbonate and coking coal futures are expected to oscillate with a slight upward bias [2]. Summary by Related Catalogs 1. Futures Market Outlook - Index Futures: IF2509, IH2509, IC2509, and IM2509 are expected to oscillate strongly on July 18, 2025, with specific resistance and support levels provided [2]. - Treasury Bond Futures: The 10 - year T2509 and 30 - year TL2509 are likely to oscillate and consolidate on July 18, 2025, with corresponding resistance and support levels [3]. - Precious Metal Futures: Gold futures AU2510 are expected to oscillate and consolidate on July 18, 2025, while silver futures AG2510 are likely to oscillate strongly [3]. - Base Metal Futures: Copper, aluminum, zinc, industrial silicon, and other base metal futures are expected to oscillate strongly on July 18, 2025 [3][4]. - Energy and Chemical Futures: Crude oil, PTA, PVC, and other energy and chemical futures are expected to oscillate strongly on July 18, 2025, while lithium carbonate and coking coal futures are expected to oscillate with a slight upward bias [4][7]. 2. Macro - Information and Trading Tips - Domestic Macro - Information: In June 2025, the unemployment rates of 16 - 24 and 25 - 29 year - old labor forces in urban areas continued to decline for four consecutive months. In the first half of 2025, the economic development of agriculture and rural areas was good, and the per - capita disposable income of residents in some provinces exceeded 20,000 yuan [9][10]. - International Macro - Information: The US retail sales in June 2025 rebounded strongly, and the initial jobless claims decreased. Japan's exports to the US decreased for three consecutive months. The EU proposed a new budget plan from 2028 to 2034 [13][14]. 3. Futures Market Analysis and Outlook - Index Futures: On July 17, 2025, the major index futures contracts showed a short - term rebound. It is expected that in July 2025, the major index futures contracts will oscillate with a slight upward bias [18][19]. - Treasury Bond Futures: On July 17, 2025, the 10 - year and 30 - year treasury bond futures showed a short - term rebound. It is expected that on July 18, 2025, they will oscillate and consolidate [39][42]. - Precious Metal Futures: On July 17, 2025, the gold futures showed a slight downward trend, while the silver futures showed a short - term rebound. It is expected that in July 2025, the gold futures will oscillate widely, and the silver futures will oscillate with a slight upward bias [45][53]. - Base Metal Futures: On July 17, 2025, copper, aluminum, and other base metal futures showed different trends. It is expected that in July 2025, they will oscillate widely or with a slight upward bias [56][61]. - Energy and Chemical Futures: On July 17, 2025, the major energy and chemical futures contracts showed different trends. It is expected that on July 18, 2025, they will oscillate strongly or with a slight upward bias [101][110].
股指期货将偏强震荡，白银、铜、铝、工业硅、多晶硅、螺纹钢、铁矿石、玻璃、纯碱、原油、PTA、PVC、天然橡胶期货将偏强震荡，碳酸锂、焦煤期货将震荡偏强
Guo Tai Jun An Qi Huo·2025-07-18 07:08