股指期货将偏强震荡，黄金、白银期货将偏强震荡，碳酸锂期货将震荡偏强，铝、氧化铝、螺纹钢、铁矿石、玻璃、纯碱、原油、PVC 期货将偏弱震荡

Report Industry Investment Rating No relevant content provided. Core Viewpoints - Through macro - fundamental and technical analysis, the report predicts the trends of various futures on August 8, 2025. Index futures, gold, silver, industrial silicon, polycrystalline silicon, and lithium carbonate futures are expected to be strong or strongly volatile. Ten - year and thirty - year treasury bond futures are also expected to be strong. Copper and PTA futures are expected to fluctuate and consolidate. Aluminum, alumina, zinc, rebar, hot - rolled coil, iron ore, glass, soda ash, crude oil, and PVC futures are expected to be weakly volatile [2][3][4][6]. Summary by Related Catalogs 1. Macro News and Trading Tips - China's unified policy of exempting preschool education fees for all kindergarten seniors in the fall semester of this year is expected to benefit about 12 million people, reducing family expenses by 20 billion yuan [7]. - S&P maintains China's sovereign credit rating at "A +" with a "stable" outlook. China's macro - policies will continue to strengthen in the second half of the year [7]. - In July, China's total goods trade imports and exports reached 3.91 trillion yuan, a year - on - year increase of 6.7%. The total for the first seven months was 25.7 trillion yuan, a year - on - year increase of 3.5% [7]. - The central bank will conduct 70 billion yuan of outright reverse repurchase operations on August 8. Analysts believe that the central bank may continue the net investment model of outright reverse repurchases [8]. - As of the end of July, China's foreign exchange reserves were 329.22 billion US dollars, a decrease of 2.52 billion US dollars from the end of June. Gold reserves increased by 600,000 ounces [8]. - The Ministry of Justice and other departments will strengthen the governance of prominent problems in enterprise - related fines and increase supervision of government credit defaults [8]. - The Ministry of Finance and the Ministry of Emergency Management have pre - allocated 430 million yuan in central natural disaster relief funds [9]. - In July, China's road freight price index was 105 points, a month - on - month decrease of 0.05% and a year - on - year increase of 1.8%. The warehousing index was 50.1%, down 0.9 percentage points from the previous month [9]. - Russia and the US have agreed in principle to hold a summit. The US has started the interview process for the new Fed chair [9][11]. - Trump has made a series of personnel and policy decisions, including replacing a Fed governor, urging the resignation of Intel's CEO, and signing an executive order on financial services [10][11]. - The Fed's Bostic believes a rate cut this year is appropriate. US initial and continuing jobless claims increased. India's Modi will not compromise on farmers' interests. The Bank of England cut interest rates by 25 basis points. Japan downgraded its economic growth forecast. Germany's industrial output decreased significantly in June [11][12]. 2. Commodity Futures - related Information - On August 7, international precious metal futures generally rose. COMEX gold futures rose 1.44%, and COMEX silver futures rose 1.66%. US oil and Brent crude oil futures fell due to OPEC's production increase [12]. - London base metals mostly rose, but copper fell slightly. The on - shore RMB against the US dollar rose, and the US dollar index fell [13]. 3. Futures Market Analysis and Forecast Index Futures - On August 7, index futures showed different trends. On August 8, IF2509, IH2509, IC2509, and IM2509 are expected to be strongly volatile. For the whole of August 2025, these contracts are also expected to be strong or strongly volatile [14][15][16][18][19]. Treasury Bond Futures - On August 7, ten - year and thirty - year treasury bond futures rose slightly. On August 8, the ten - year treasury bond futures contract T2509 and the thirty - year contract TL2509 are expected to be strongly volatile [38][40][44]. Gold Futures - On August 7, the gold futures contract AU2510 rose slightly. In August 2025, the main continuous contract is expected to be strongly and widely volatile. On August 8, AU2510 is expected to be strongly volatile [44][45]. Silver Futures - On August 7, the silver futures contract AG2510 rose. In August 2025, the main continuous contract is expected to be strongly and widely volatile. On August 8, AG2510 is expected to be strongly volatile [50][51]. Copper Futures - On August 7, the copper futures contract CU2509 rose slightly. In August 2025, the main continuous contract is expected to fluctuate widely. On August 8, CU2509 is expected to fluctuate and consolidate [56]. Aluminum Futures - On August 7, the aluminum futures contract AL2509 rose slightly. In August 2025, the main continuous contract is expected to fluctuate widely. On August 8, AL2509 is expected to be weakly volatile [62]. Alumina Futures - On August 7, the alumina futures contract AO2509 fell. In August 2025, the main continuous contract is expected to fluctuate widely. On August 8, AO2509 is expected to be weakly volatile [67]. Zinc Futures - On August 7, the zinc futures contract ZN2509 rose. In August 2025, the main continuous contract is expected to fluctuate widely. On August 8, ZN2509 is expected to be weakly volatile [71]. Industrial Silicon Futures - On August 7, the industrial silicon futures contract SI2511 showed a slight decline. On August 8, it is expected to be strongly volatile [75]. Polycrystalline Silicon Futures - On August 7, the polycrystalline silicon futures contract PS2511 fell. On August 8, it is expected to be strongly volatile [76]. Lithium Carbonate Futures - On August 7, the lithium carbonate futures contract LC2511 rose. On August 8, it is expected to be strongly volatile [79]. Rebar Futures - On August 7, the rebar futures contract RB2510 showed a slight decline. In August 2025, the main continuous contract is expected to fluctuate widely. On August 8, RB2510 is expected to be weakly volatile [82]. Hot - Rolled Coil Futures - On August 7, the hot - rolled coil futures contract HC2510 fell. On August 8, it is expected to be weakly volatile [88][89]. Iron Ore Futures - On August 7, the iron ore futures contract I2509 fell slightly. In August 2025, the main continuous contract is expected to fluctuate widely. On August 8, I2509 is expected to be weakly volatile [90]. Coking Coal Futures - On August 7, the coking coal futures contract JM2601 rose. On August 8, it is expected to fluctuate widely and try to break through resistance levels [98][99]. Glass Futures - On August 7, the glass futures contract FG509 fell. On August 8, it is expected to be weakly volatile [99]. Soda Ash Futures - On August 7, the soda ash futures contract SA601 fell. On August 8, it is expected to be weakly volatile [101]. Crude Oil Futures - On August 7, the crude oil futures contract SC2509 fell. In August 2025, the main continuous contract is expected to fluctuate widely. On August 8, SC2509 is expected to be weakly volatile [103]. PTA Futures - On August 7, the PTA futures contract TA509 fell. On August 8, it is expected to fluctuate and consolidate [109][110]. PVC Futures - On August 7, the PVC futures contract V2509 showed a slight decline. On August 8, it is expected to be weakly volatile [111].