大类资产早报-20250820

Report Summary 1. Report Industry Investment Rating - No information provided in the content 2. Core Viewpoints - The report presents the performance data of global asset markets on August 19, 2025, including major economies' 10 - year and 2 - year treasury bond yields, dollar exchange rates against major emerging economies' currencies, major economies' stock indices, stock futures trading data, and treasury futures trading data [3][5][6] 3. Summary by Relevant Catalogs Global Asset Market Performance - Treasury Bond Yields: - 10 - year Treasury Bond Yields: On August 19, 2025, the 10 - year treasury bond yields of the US, UK, France, etc. were 4.307%, 4.739%, 3.435% respectively. The latest, weekly, monthly, and yearly changes varied across different economies. For example, the US had a latest change of - 0.027, a weekly change of 0.016, a monthly change of - 0.039, and a yearly change of 0.366 [3] - 2 - year Treasury Bond Yields: The 2 - year treasury bond yields of the US, UK, Germany, etc. were 3.750%, 3.975%, 1.955% respectively on August 19, 2025. Their latest, weekly, monthly, and yearly changes also differed. For instance, the US had a latest change of 0.010, a weekly change of - 0.010, a monthly change of 0.060, and a yearly change of - 0.250 [3] - Exchange Rates: - Dollar against Emerging Economies' Currencies: On August 19, 2025, the dollar - to - Brazilian real exchange rate was 5.506, with a latest change of 1.28% and a weekly change of 2.17%. The exchange rates and their changes against other emerging economies' currencies also varied [3] - Renminbi: The on - shore, off - shore, mid - price, and 12 - month NDF of the renminbi on August 19, 2025 were 7.182, 7.187, 7.136, and 7.026 respectively, with different latest, weekly, monthly, and yearly changes [3] - Stock Indices: - Major Economies' Stock Indices: On August 19, 2025, the S&P 500, Dow Jones Industrial Average, and NASDAQ were 6411.370, 44922.270, and 21314.950 respectively. Their latest, weekly, monthly, and yearly changes were different. For example, the S&P 500 had a latest change of - 0.59%, a weekly change of - 0.53%, a monthly change of 1.61%, and a yearly change of 19.97% [3] - Other Stock Indices: The performance of other stock indices such as the Nikkei, Hang Seng Index, and Shanghai Composite Index also had their own characteristics in terms of latest, weekly, monthly, and yearly changes [3] Stock Futures Trading Data - Index Performance: The closing prices of A - shares, CSI 300, SSE 50, etc. were 3727.29, 4223.37, 2812.42 respectively on August 19, 2025, with corresponding percentage changes [5] - Valuation: The PE (TTM) of CSI 300, SSE 50, and CSI 500 were 13.53, 11.50, and 31.78 respectively, with their respective环比 changes [5] - Fund Flow: The latest values of fund flow for A - shares, the main board, etc. were - 1132.47, - 717.50 respectively, and the 5 - day average values also varied [5] - Trading Volume: The latest trading volumes of the Shanghai and Shenzhen stock markets, CSI 300, etc. were 25883.69, 5535.36 respectively, with corresponding环比 changes [5] - Main Contract Premium/Discount: The basis of IF, IH, and IC were - 7.17, 2.98, - 55.31 respectively, with corresponding percentage changes [5] Treasury Futures Trading Data - Closing Prices and Percentage Changes: The closing prices of treasury futures T00, TF00, T01, TF01 were 108.055, 105.540, 107.950, 105.475 respectively on August 19, 2025, with percentage changes of - 0.26%, - 0.19%, - 0.30%, - 0.27% respectively [6] - Funding Rates: The R001, R007, and SHIBOR - 3M were 1.5473%, 1.5581%, 1.5500% respectively, with daily changes of 5.00BP, 6.00BP, 0.00BP respectively [6]