Report Summary 1. Report Industry Investment Rating - Not provided in the given content 2. Core Viewpoints - The central bank increased reverse - repurchase operations to stabilize the inter - bank market funds as the funds have tightened recently. The market may slow down its short - term upward speed after continuous strong growth, and it needs new themes and positive sentiment. Macro - level events such as the July Politburo meeting communique and the third round of Sino - US trade consultations should be focused on, and the strategy should be adjusted to mainly go long [4][6] 3. Summary by Related Catalogs 3.1 Macro - financial Data - Interest Rates: DRO01 closed at 1.36 with a - 9.85bp change, DR007 at 1.56 with a - 1.64bp change, GC001 at 1.66 with a 31.50bp change, GC007 at 1.68 with a 7.00bp change, SHBOR 3M at 1.56 with no change, LPR 5 - year at 3.50 with no change, 1 - year treasury at 1.41 with no change, 5 - year treasury at 1.60 with a 3.25bp change, 10 - year treasury at 1.75 with a 3.00bp change, and 10 - year US treasury at 4.42 with a 2.00bp change [3] - Reverse - Repurchase Operations: The central bank conducted 4492 billion yuan of 7 - day reverse - repurchase operations with an operating rate of 1.40% yesterday. With 2148 billion yuan of reverse - repurchases maturing, the net daily investment was 2344 billion yuan. This week, 16563 billion yuan of reverse - repurchases will mature, with 1707 billion, 2148 billion, 1505 billion, 3310 billion, and 7893 billion maturing from Monday to Friday respectively [3][4] 3.2 Stock Index Futures - Stock Index Performance: The CSI 300 rose 0.39% to 4152, the SSE 50 rose 0.21% to 2808.6, the CSI 500 rose 0.52% to 6356.1, and the CSI 1000 rose 0.65% to 6773.9. The trading volume of the two stock markets was 18032 billion yuan, an increase of 609 billion yuan from the previous day. Medical services, steel, chemical pharmaceuticals, biological products, shipbuilding, and semiconductors led the gains, while insurance, banking, agriculture, and the petroleum industry led the losses [6] - Futures Contracts: For IF, the current - month contract rose 0.5%, with a trading volume increase of 5.0% and a position decrease of 1.6%. For IH, the current - month contract rose 0.2%, with a trading volume decrease of - 0.5% and a position decrease of - 0.8%. For IC, the current - month contract rose 0.7%, with a trading volume decrease of - 0.1% and a position decrease of - 1.7%. For IM, the current - month contract rose 0.8%, with a trading volume increase of 1.2% and a position decrease of - 2.6% [5] - Premium and Discount: IF's current - month contract had a premium/discount of - 0.40%, IH's was - 3.06%, IC's was 12.95%, and IM's was 13.59% [7] 3.3 Market News - Policy News: The national parenting subsidy system implementation plan was announced on July 28. From January 1, 2025, subsidies will be provided for children under 3 years old born in line with laws and regulations until they reach 3 years old, with a current national basic standard of 3600 yuan per child per year [6] - Trade Negotiations: The third round of Sino - US economic and trade negotiations is underway, with no obvious progress yet but still worthy of expectation [6]
宏观金融数据日报-20250730
Guo Mao Qi Huo·2025-07-30 06:10