股指期货将偏强震荡,黄金、白银、PVC期货将偏弱震荡,玻璃、豆粕期货将偏强震荡,焦煤期货将宽幅震荡
Guo Tai Jun An Qi Huo·2025-08-19 02:37
- Report Industry Investment Rating No specific industry investment rating is provided in the report. 2. Core Viewpoints The report analyzes the futures market on August 18, 2025, and forecasts the market trends on August 19, 2025. It also provides macro - economic news and commodity - related information. The A - share market showed a strong upward trend on August 18, and most futures contracts have specific trend expectations for August 19, including strong, weak, wide - range, and consolidation trends [2][15]. 3. Summary by Related Catalogs 3.1 Futures Market Trends Forecast for August 19, 2025 - Strong - trending Contracts: IF2509, IH2509, IC2509, IM2509, FG601, M2601 are expected to be strong - trending. For example, IF2509 has resistance levels at 4275 and 4300 points, and support levels at 4238 and 4226 points [2][5][8]. - Weak - trending Contracts: T2509, TL2509, AU2510, AG2510, CU2509, AO2601, SI2511, V2601, MA601 are expected to be weak - trending. For instance, AU2510 has support levels at 773.3 and 767.0 yuan/gram, and resistance levels at 777.3 and 781.2 yuan/gram [3][4][6]. - Wide - range - trending Contracts: PS2511, LC2511, JM2601, SA601, SC2510 are expected to have wide - range trends. For example, PS2511 has resistance levels at 53700 and 55300 yuan/ton, and support levels at 51200 and 50200 yuan/ton [4][5][6]. - Consolidating Contracts: AL2510, RB2510, HC2510, I2601, TA601 are expected to consolidate. For example, AL2510 has support levels at 20540 and 20470 yuan/ton, and resistance levels at 20640 and 20700 yuan/ton [3][5][6]. 3.2 Macro - economic News - The Chinese government emphasizes enhancing macro - policy effectiveness, stabilizing market expectations, and promoting consumption and investment. The real - estate market is expected to stop falling and stabilize [9]. - The US, Ukraine, and other countries have political and economic events, such as the meeting between Trump and Zelensky, and the potential trilateral talks among the US, Russia, and Ukraine. Ukraine may purchase $100 billion worth of weapons from the US and sign a $50 billion drone cooperation production agreement [10]. - The global financial market is waiting for the Jackson Hole Global Central Bank Annual Meeting, and different institutions have different expectations for Fed Chairman Powell's speech [10]. 3.3 Commodity - related Information - On August 18, 2025, due to geopolitical risks, the prices of US and Brent crude oil futures rose. The US crude oil main contract rose 0.97% to $62.58/barrel, and the Brent crude oil main contract rose 0.97% to $66.49/barrel [11]. - International precious metal futures closed with mixed results. COMEX gold futures fell 0.14% to $3378.00/ounce, and COMEX silver futures rose 0.24% to $38.07/ounce [11]. - Most London base metals declined. LME aluminum fell 0.71% to $2588.50/ton, LME zinc fell 0.39% to $2784.00/ton, and LME copper fell 0.22% to $9752.00/ton [12]. 3.4 A - share Market Performance on August 18, 2025 - The A - share market showed a strong upward trend. The Shanghai Composite Index rose 0.85% to 3728.03 points, the Shenzhen Component Index rose 1.73%, the ChiNext Index rose 2.84%, and the North - bound 50 Index rose 6.79%, hitting a new high [15][16]. - The market turnover reached 2.81 trillion yuan, higher than the previous day's 2.27 trillion yuan. The A - share market was driven by various types of funds, including hot money, leveraged funds, private funds, institutional funds, and retail funds [16]. - The number of new accounts opened at securities brokerage departments increased, with the year - on - year increase in new customers generally ranging from 30% to 50% [16].