广发期货金融日报-20250721

1. Report Industry Investment Rating - No information about the industry investment rating is provided in the reports. 2. Core Views - No core views are explicitly stated in the reports. The reports mainly present data on various futures, including股指期货, 国债期货, 贵金属, 集运产业, and provide trading - related information such as prices, spreads, and changes. 3. Summary by Related Catalogs 3.1 Stock Index Futures Spread Daily Report - Price Differences: The IF spread is 32.30%, with a - 16.75 change from the previous day; the IH spread is 2.48, with a 5.34 change; the IC spread is - 98.81, with a 5.65 change; the IM spread is - 138.47, with a 6.80 change [1]. - Inter - period Spreads: For example, the IF inter - period spread (next month - current month) is 3.40, with an 11.20 change, and its 1 - year historical quantile is 90.10% [1]. - Cross - variety Ratios: The IC/IF ratio is 1.4847, with a - 0.0054 change, and its 1 - year historical quantile is 54.90% [1]. 3.2 Treasury Bond Futures Spread Daily Report - Basis: On July 18, 2025, the TS basis is 1.5570, with a 0.0032 change from the previous day; the TF basis is 1.6510, with a 0.0085 change; the T basis is 1.3735, with a 0.0708 change; the TL basis is 1.7138, with a 0.2243 change [2]. - Inter - period Spreads: For example, the TF inter - period spread (next quarter - current quarter) is - 0.1300, with a - 0.0050 change, and its listed - since quantile is 19.70% [2]. - Cross - variety Spreads: The TS - TF spread is - 3.5560, with a 0.0490 change, and its listed - since quantile is 7.80% [2]. 3.3 Precious Metals Spot - Futures Daily Report - Futures Closing Prices: On July 17, the AU2510 contract closed at 776.28 yuan/gram, down 0.38 yuan (- 0.05%) from July 16; the AG2510 contract closed at 9166 yuan/kg, up 14 yuan (0.15%) [4]. - Basis: The gold TD - Shanghai gold main contract basis is - 5.36, with a - 0.90 change, and its 1 - year historical quantile is 1.60% [4]. - Price Ratios: The COMEX gold/silver ratio is 87.04, with a - 0.94 change, and a - 1.07% change rate [4]. - Interest Rates and Exchange Rates: The 10 - year US Treasury yield is 4.47, with a 0.01 change (0.2%); the US dollar index is 98.64, with a 0.36 change (0.36%) [4]. - Inventory and Positions: The Shanghai Futures Exchange gold inventory is 28872 kg, unchanged from the previous day; the COMEX gold inventory is 37143884, up 346353 (0.94%) [4]. 3.4 Domestic Shipping Futures Spot - Futures Daily Report - Shipping Rates: For the Shanghai - Europe route in the next 6 weeks, the CMA CGM shipping rate is 4226 US dollars/FEU, up 3.78% from July 20 [7]. - Shipping Indexes: The SCFIS (European route) settlement price index on July 14 is 2421.94, up 7.26% from July 7 [7]. - Futures Prices and Basis: The EC2602 contract price on July 18 is 1495.1, up 0.63% from July 17; the basis of the main contract is 978.6, up 18.49% from the previous day [7]. - Fundamentals: The global container shipping capacity supply on July 21 is 3271.67 million TEU, unchanged from July 20; the Shanghai port berthing situation is 324.00, up 1.25% from the previous month [7]. 3.5 Trading Calendar - Overseas Data/Information: At 22:00 on July 21, the US June Conference Board leading index monthly rate will be released; Brazil's secex report and the US USDA export inspection and crop growth data are also scheduled [9]. - Domestic Data/Information: At 9:00 on July 21, China's 1 - year loan prime rate will be announced; at 14:00, Shandong local refinery crude oil arrivals (in tons) will be reported [9].