宝城期货股指期货早报-20250807

Group 1: Report Industry Investment Rating - No relevant content Group 2: Core Viewpoints of the Report - The short - term view of the stock index is that it will fluctuate strongly, and the medium - term view is that it will rise. The reference view is also a rise. The policy - end positive expectations provide strong support, and investors' risk preference is actively optimistic [1][5] Group 3: Summary According to Related Catalogs 3.1 Variety Viewpoint Reference - Financial Futures Stock Index Sector - For IH2509, the short - term is oscillating, the medium - term is rising, the intraday is oscillating strongly, and the overall view is rising, with policy - end positive expectations as the core support [1] 3.2 Main Variety Price Market Driving Logic - Financial Futures Stock Index Sector - Yesterday, each stock index oscillated and rose, with IC and IM having the highest increases. The trading volume of the Shanghai, Shenzhen, and Beijing stock markets was 175.91 billion yuan, an increase of 14.33 billion yuan from the previous day. External risk factors are easing, domestic economic data shows resilience, and the stock market risk preference is high. The trading volume is above 1.5 trillion yuan, and the margin balance exceeds 2 trillion yuan with continuous net buying of margin - trading funds, indicating strong investor confidence. Although the expectation of short - term policy intensification has weakened, policy support expectations still exist [5]