宝城期货股指期货早报-20250826

Report Summary 1. Report Industry Investment Rating No relevant content provided. 2. Core View of the Report - The overall reference view for financial futures in the stock index sector is "up". The short - term view is "sideways to bullish", and the medium - term view is "up". The core logic is that policy - side positive expectations provide strong support, and factors such as increased trading volume, positive policies, loose liquidity, and the Fed's dovish turn drive the stock index's valuation repair [1][5]. 3. Summary by Related Catalogs 3.1 Variety View Reference - Financial Futures Stock Index Sector - For IH2509, the short - term view is "sideways", the medium - term view is "up", the intraday view is "sideways to bullish", and the reference view is "up". The core logic is that policy - side positive expectations provide strong support [1]. 3.2 Main Variety Price Market Driving Logic - Financial Futures Stock Index Sector - Core Logic: Yesterday, all stock indices fluctuated upwards. The total trading volume of the Shanghai, Shenzhen, and Beijing stock markets was 3.177 trillion yuan, an increase of 598.1 billion yuan from the previous day. The stock market trading volume exceeded 3 trillion yuan, attracting funds into the stock market and driving the stock index's valuation repair. Positive policies optimize the supply - demand structure, promote price index recovery, and boost corporate profit repair expectations. Loose domestic liquidity and the Fed's dovish turn also contribute to the inflow of funds into the stock market, making the short - term risk preference positive and the stock index running sideways to bullish [5].