高频数据扫描：部分商品期货价回调、国债收益率震荡下行

Report Industry Investment Rating - Not provided in the given content Core Viewpoints - Some key commodity futures prices with large gains the previous week significantly declined, such as coking coal and rebar, alleviating the expectation of a rapid rebound in PPI, and government bond yields started to fall from the middle of the week [2]. - The State Council deployed interest subsidies for personal consumer loans and loans to service - sector business entities. If interest - subsidy measures are more used to reduce financing costs, the theoretical necessity of interest rate cuts decreases [2]. - Starting from August 8th, newly issued government bonds and financial bonds will resume VAT collection. After the policy was announced on Friday, government bond yields declined overall, and it may guide the yields of existing government bonds and financial bonds downward [2]. Summary by Directory High - Frequency Data Panoramic Scan - Food: The average wholesale price of pork decreased by 0.84% week - on - week, the edible agricultural product price index remained flat week - on - week, and the Shandong vegetable wholesale price index increased by 0.02% week - on - week [11]. - Other Consumer Goods: The movie box office revenue increased by 43.31% week - on - week [11]. - Commodities: The RJ/CRB commodity price index decreased by 0.61% week - on - week, the LME copper spot price decreased by 1.52% week - on - week, and the LME aluminum spot price decreased by 1.95% week - on - week [11]. - Energy: The futures settlement prices of Brent and WTI crude oil increased by 4.09% and 4.12% week - on - week respectively, and the coal inventory at Qinhuangdao Port decreased by 8.23% week - on - week [11]. - Non - Ferrous Metals: The LME copper and aluminum spot prices decreased week - on - week, and the copper - gold ratio increased by 0.55% week - on - week [11]. - Ferrous Metals: The rebar inventory increased by 2.99% week - on - week, and the rebar price index increased by 4.47% week - on - week [11]. - Real Estate: The transaction area of commercial housing in 30 large - and medium - sized cities increased by 6.99% week - on - week, and the total transaction price of land in 100 large - and medium - sized cities increased by 102.13% week - on - week [11]. - Shipping: The CCFI composite index decreased by 2.30% week - on - week, and the Baltic Dry Index decreased by 3.13% week - on - week [11] High - Frequency Data and Important Macroeconomic Indicators Trend Comparison - Not elaborated in detail in the given content, only mentions multiple charts showing the relationship between high - frequency data and important macro - indicators [18][21][33] Important High - Frequency Indicators in the US and Europe - Not elaborated in detail in the given content, only mentions charts related to US weekly economic indicators, initial jobless claims, same - store sales growth, etc. [74][76][79] Seasonal Trends of High - Frequency Data - Not elaborated in detail in the given content, only mentions multiple charts showing the seasonal trends of high - frequency data such as the daily average output of crude steel and the production material price index [86][90][95] High - Frequency Traffic Data in Beijing, Shanghai, Guangzhou, and Shenzhen - Not elaborated in detail in the given content, only mentions charts showing the year - on - year changes in subway passenger volume in Beijing, Shanghai, Guangzhou, and Shenzhen [146][148]