宝城期货股指期货早报-20250811

Report Summary 1. Investment Rating No investment rating for the industry is provided in the report. 2. Core View The report predicts that the stock index will show an upward trend in the medium - term and maintain a volatile and slightly stronger performance in the short - term. Policy support and positive expectations are the main driving forces, although there may be short - term technical consolidation needs [1][5]. 3. Summary by Content 3.1 Variety View Reference - Financial Futures Stock Index Sector - For IH2509, the short - term view is volatile, the medium - term view is upward, the intraday view is volatile and slightly stronger, and the overall view is upward. The core logic is that the positive policy expectations provide strong support [1]. 3.2 Main Variety Price Market Driving Logic - Financial Futures Stock Index Sector - The intraday view for IF, IH, IC, and IM is volatile and slightly stronger, and the medium - term view is upward. The reference view is upward. Last Friday, the stock indexes were in a narrow - range volatile consolidation. The trading volume of the Shanghai, Shenzhen, and Beijing stock markets was 1736.3 billion yuan, a decrease of 116.2 billion yuan from the previous day. Although the expectation of short - term policy intensification has weakened, the policy support expectation still exists. Policy support and positive expectations drive the recovery of stock market risk appetite. Considering the large gains of some stocks and the approaching deadline of the Sino - US tariff suspension period, there may be short - term technical consolidation, but the medium - and long - term upward trend remains unchanged [5].