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冠通期货早盘速递-20250825
Guan Tong Qi Huo·2025-08-25 07:12

Report Summary Hot News - After Fed Chair Powell's speech at the Jackson Hole symposium, traders increased bets on a September rate cut and fully priced in two rate cuts by the end of the year [1] - Three Chinese government departments jointly issued a document to regulate the total volume of rare earth mining and smelting separation [1] - From January to July, the actual use of foreign capital in China was 467.34 billion yuan, a year - on - year decrease of 13.4%. Investment from ASEAN increased by 1.1%, while that from Switzerland, Japan, and the UK increased by 63.9%, 53.7%, and 19.5% respectively [1] - The China Photovoltaic Industry Association issued an initiative to resist malicious competition at below - cost prices and blind expansion. The average bid price for Huadian Group's 20GW photovoltaic module procurement was above 0.71 yuan/W [1] - As of the end of July, China's total installed power generation capacity was 3.67 billion kilowatts, a year - on - year increase of 18.2%. Solar and wind power installed capacities increased by 50.8% and 22.1% respectively [1] Key Commodities - Focus on urea, coking coal, coke, lithium carbonate, and PVC [2] Plate Performance - In commodity sectors, precious metals rose 26.76%, non - ferrous metals 20.99%, coal, coke, and steel ore 14.39%, and oils and fats 12.68% [5] Asset Performance - Among major stock indices, the Shanghai Composite Index had a daily increase of 1.45%, a monthly increase of 7.07%, and a yearly increase of 14.14%. The Hang Seng Index had a daily increase of 0.93%, a monthly increase of 2.28%, and a yearly increase of 26.32% [6][8] - In fixed - income assets, 10 - year, 5 - year, and 2 - year Treasury bond futures all declined [8] - Among commodities, London spot gold had a daily increase of 0.97%, a monthly increase of 2.48%, and a yearly increase of 28.47%. WTI crude oil had a daily increase of 0.44%, a monthly decrease of 7.83%, and a yearly decrease of 11.29% [8] - The US dollar index decreased by 0.94% daily, 2.32% monthly, and 9.92% yearly. The CBOE volatility index decreased by 14.34% daily, 14.95% monthly, and 18.04% yearly [8]