大类资产早报-20250729

Report Summary 1. Report Industry Investment Rating - No information provided in the given content. 2. Core Views - The report presents a comprehensive overview of the global asset market performance on July 28, 2025, including data on major economies' 10 - year and 2 - year government bond yields, exchange rates, stock indices, and futures trading data [3][5][6]. 3. Summary by Directory Global Asset Market Performance - Government Bond Yields: - 10 - year Government Bonds: In major economies such as the US, UK, France, etc., yields showed various changes. For example, the US 10 - year government bond yield was 4.412 on July 28, 2025, with a latest change of 0.033, a one - week change of 0.182, and a one - month change of 0.209 [3]. - 2 - year Government Bonds: Different economies also had different yield trends. For instance, the US 2 - year government bond yield was 3.903 on July 28, 2025, with a latest change of 0.022, a one - week change of 0.038, and a one - month change of - 0.061 [3]. - Exchange Rates: - Dollar against Major Emerging Economies' Currencies: The dollar against currencies like the South African rand, Russian ruble, etc., had different percentage changes. For example, the dollar - South African rand exchange rate was 5.589 on July 28, 2025, with a latest change of 0.44% and a one - week change of 0.38% [3]. - Renminbi: The on - shore and off - shore renminbi exchange rates and the middle - price also had corresponding changes. For example, the on - shore renminbi exchange rate was 7.179 on July 28, 2025, with a latest change of 0.13% and a one - week change of 0.13% [3]. - Stock Indices: - Major Economies' Stock Indices: Indices such as the Dow Jones, S&P 500, and Nasdaq had different percentage changes. For example, the Dow Jones Industrial Average was 6389.770 on July 28, 2025, with a latest change of 0.02%, a one - week change of 1.33%, and a one - month change of 2.98% [3]. - Other Stock Indices: Including the Nikkei, Hang Seng Index, etc., also showed different trends. For example, the Hang Seng Index was 25562.130 on July 28, 2025, with a latest change of 0.68%, a one - week change of 2.27%, and a one - month change of 6.19% [3]. - Credit Bond Indices: Different credit bond indices in emerging economies and developed economies, such as emerging economies' investment - grade and high - yield credit bond indices, and the US and euro - zone investment - grade and high - yield credit bond indices, showed different performances [3]. Stock Index Futures Trading Data - Index Performance: The closing prices and percentage changes of A - shares, CSI 300, SSE 50, ChiNext, and CSI 500 were presented. For example, the closing price of A - shares was 3597.94 with a percentage change of 0.12% [5]. - Valuation: The PE (TTM) and its环比 changes of CSI 300, SSE 50, and CSI 500 were given. For example, the PE (TTM) of CSI 300 was 13.52 with a环比 change of 0.01 [5]. - Risk Premium: Although the specific values were not filled in, the relevant indicators for CSI 300, SSE 50, etc., were mentioned [5]. - Fund Flow: The latest values and 5 - day average values of fund flows in A - shares, the main board, and other segments were provided. For example, the latest value of A - share fund flow was - 472.56 [5]. - Trading Volume: The latest trading volumes and环比 changes of the Shanghai and Shenzhen stock markets, CSI 300, etc., were shown. For example, the latest trading volume of the Shanghai and Shenzhen stock markets was 17423.07 with a环比 change of - 450.30 [5]. - Main Contract Premium or Discount: The basis and percentage changes of IF, IH, and IC were presented. For example, the basis of IF was - 13.82 with a percentage change of - 0.33% [5]. Treasury Bond Futures Trading Data - Closing Prices and Percentage Changes: The closing prices of T00, TF00, T01, and TF01 were 108.395, 105.720, 108.400, and 105.785 respectively, with percentage changes of 0.00% each [6]. - Funding Rates: The R001, R007, and SHIBOR - 3M were 1.4907%, 1.6264%, and 1.5600% respectively, with daily changes of - 20.00 BP, - 6.00 BP, and 0.00 BP [6].