广发期货日评-20250801

Report Summary 1. Report Industry Investment Ratings No specific industry investment ratings are provided in the report. 2. Core Viewpoints - The market faces adjustment pressure due to short - term expectation differences after the second round of Sino - US trade talks and the central political bureau meeting. It is recommended to wait and see for most products. For some products, short - term trading opportunities are presented based on their market conditions [2]. 3. Summary by Product Categories Financial Futures - Stock Index Futures: Indexes are fluctuating downwards, with TMT remaining strong. It is recommended to wait and see due to adjustment pressure [2]. - Treasury Bond Futures: The bond market is expected to strengthen. It is recommended to allocate more in the short - term and pay attention to high - frequency economic data [2]. - Precious Metals: Gold is under pressure, and it is advisable to buy at low levels for post - decline recovery. Silver prices are fluctuating in the range of 36 - 37 dollars (8700 - 9000 yuan) [2]. Commodity Futures - Shipping: The container shipping index is expected to be weakly volatile. It is recommended to short at high levels for contracts 08 and 10 [2]. - Steel and Iron Ore: Steel prices are affected by market expectations, and iron ore follows steel price fluctuations. It is recommended to be cautious when going long on iron ore [2]. - Coal and Coking: For coking coal, it is recommended to wait and see; for coke, there is an expectation of price increase, but still recommended to wait and see [2]. - Non - ferrous Metals: Copper prices are under pressure; for alumina, beware of squeeze - out risks; aluminum prices are narrowly fluctuating [2]. - Energy and Chemicals: Most energy and chemical products are facing downward pressure or weak volatility. For example, oil prices are in a range - bound pattern, and PX is under pressure. Different trading strategies are recommended for each product [2]. - Agricultural Products: Most agricultural products are in a state of weakening or fluctuating. Different trading strategies are recommended according to their supply - demand and market conditions [2]. - Special Commodities: Glass, rubber, etc. are recommended to short at high levels; for industrial silicon, buy slightly out - of - the - money call options [2]. - New Energy: For polysilicon, buy straddles/put options; for lithium carbonate, it is recommended to wait and see carefully [2].