宝城期货股指期货早报-20250818

Group 1: Report Industry Investment Rating - No relevant content provided Group 2: Core Viewpoints of the Report - The short - term view of the stock index is mainly volatile and strong, and the medium - term view is upward. Policy - side favorable expectations provide strong support, and the external risk factors are temporarily alleviated, with the stock market risk preference continuously rising [1][5] Group 3: Summary by Related Catalogs Variety Viewpoint 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 strong, and the overall view is upward. The core logic is that the favorable policy - side expectations provide strong support [1] Main Variety Price Quotation Driving Logic - Financial Futures Stock Index Sector - The intraday view of IF, IH, IC, and IM is volatile and strong, and the medium - term view is upward. Last Friday, the stock indexes showed a volatile upward trend, with obvious increases in IC and IM. The stock market trading volume has been above 2 trillion yuan for many days, indicating an optimistic market sentiment. Policy - side favorable expectations support the stock index, and policies such as anti - involution and consumption promotion are conducive to the recovery of the price index and corporate profits. The balance of margin trading funds has exceeded 2 trillion yuan, and patient capital such as social security and insurance is continuously entering the market, boosting long - term confidence [5]