本周热点前瞻2025-08-18

Report Summary Core Viewpoints - The report provides a weekly preview of hot events and their potential impacts on the futures market, including economic data releases, policy changes, and geopolitical events [2][3]. Weekly Key Focus - On August 20 at 09:15, the People's Bank of China will announce the August 2025 Loan Prime Rate (LPR), expected to be flat with the previous value [2]. - On August 21 at 02:00, the Federal Reserve will release the minutes of its July monetary policy meeting, and its impact on relevant futures prices should be noted [2][9]. - On August 22 at 22:00, Fed Chair Powell will speak on the economic outlook at the Jackson Hole Symposium [2][15]. - Attention should also be paid to factors such as domestic macro - policy changes, international trade and tariff wars, international geopolitical situations, and speeches by US President Trump and Fed officials on the futures market [2]. Weekly Hot Event Previews August 18 - The US expanded the scope of a 50% tariff on steel and aluminum imports, which may have a negative impact on stock index futures and related futures prices such as rebar, hot - rolled coil, iron ore, and aluminum [3]. - Ukrainian President Zelensky will meet with US President Trump in Washington to discuss details of ending the Russia - Ukraine conflict. If successful, a tri - party meeting of the US, Russia, and Ukraine may be arranged. This may suppress the short - term prices of gold and silver futures and help the stock index futures prices rise [4][5]. August 19 - The US will announce the building permits and new housing starts for July. If the figures are slightly lower than the previous values, it will slightly suppress the rise of base metal futures prices [6]. August 20 - China will announce the August LPR. If it remains unchanged, the impact on commodity futures, stock index futures, and treasury bond futures will be basically neutral [7]. - The US will announce the EIA crude oil inventory change for the week ending August 15. If the inventory continues to increase, it will suppress the rise of crude oil and related closing futures prices [8]. August 21 - The Federal Reserve will release the minutes of its July monetary policy meeting, and its impact on relevant futures prices should be noted [9]. - The Jackson Hole Global Central Bank Annual Meeting will be held from August 21 - 23, and its impact on the futures market prices should be noted [10]. - S&P Global will announce the preliminary value of the Eurozone's August SPGI Manufacturing PMI. If it is slightly lower than the previous value, it will slightly suppress the rise of non - ferrous metals, crude oil, and related commodity futures prices but slightly help the prices of gold and silver futures rise [11]. - The US will announce the initial jobless claims for the week ending August 16. If the number is slightly lower than the previous value, it will slightly help the rise of industrial product futures prices (except for gold and silver futures) but slightly suppress the prices of gold and silver futures [12]. - S&P Global will announce the preliminary value of the US's August SPGI Manufacturing PMI. If it is slightly higher than the previous value, it will slightly help the rise of non - ferrous metals, crude oil, and related commodity futures prices and also slightly help the prices of gold and silver futures rise [13]. - The US will announce the existing home sales for July [14]. August 22 - Fed Chair Powell will speak on the economic outlook at the Jackson Hole Symposium, and its impact on the futures market prices should be noted [15]. August 24 - The National Bureau of Statistics will announce the market prices of important production materials in the circulation field in mid - August, covering 9 categories and 50 types of products [16].