股指期货将偏强震荡，黄金、焦煤、天然橡胶期货将偏强震荡，豆粕、豆油期货将偏弱震荡

1. Report Industry Investment Rating No relevant content provided. 2. Core Viewpoints of the Report - Through macro - fundamental and technical analysis, the report predicts the trend of various futures on August 27, 2025, including股指期货,国债 futures, and commodity futures [2][3]. - A - share market sentiment has been rising recently, with over 60% of billion - level private equity funds approaching full - position operations. However, the high turnover rate of on - site funds may increase short - term market volatility [16]. - The scale of Chinese ETFs has officially entered the 5 - trillion era, and the total scale of public funds has set a new record for the tenth time since early 2024 [17]. 3. Summary by Relevant Catalogs 3.1. Futures Market Forecast 3.1.1. Stock Index Futures - On August 27, 2025, stock index futures are expected to have a strong - side shock. For example, IF2509 has resistance levels at 4490 and 4530 points and support levels at 4449 and 4425 points [2]. - In August 2025, IF, IH, IC, and IM main contracts are expected to have strong - side or shock - biased - strong trends [19][20]. 3.1.2. Treasury Bond Futures - On August 27, 2025, the ten - year Treasury bond futures main contract T2512 is likely to have a wide - range shock, with support at 107.82 and 107.66 yuan and resistance at 108.09 and 108.17 yuan. The thirty - year Treasury bond futures main contract TL2512 is also likely to have a wide - range shock, with support at 116.5 and 116.1 yuan and resistance at 117.8 and 118.1 yuan [38][42]. 3.1.3. Commodity Futures - Gold, copper, aluminum, zinc, glass, soda ash, PVC, and natural rubber futures are expected to have strong - side shocks on August 27, 2025; silver and PTA futures are expected to oscillate and consolidate; thermal coil, soybean meal, soybean oil, and methanol futures are expected to have weak - side shocks; crude oil futures are expected to have a weak - side shock [2][3][5][7]. - Alumina, industrial silicon, polysilicon, lithium carbonate, and iron ore futures are expected to have wide - range shocks on August 27, 2025 [4][5]. 3.2. Macro - Information and Trading Tips - The State Council has issued an action plan for in - depth implementation of "Artificial Intelligence +", aiming to achieve wide - ranging and in - depth integration of AI in six key areas by 2027 and full - scale empowerment of high - quality development by 2030 [8]. - China's outbound investment flow has ranked among the top three globally for 13 consecutive years as of the end of 2024, with an outbound investment stock of over 3 trillion US dollars and accounting for 7.2% of global outbound investment [8]. - The US President Trump has made statements on trade agreements, tariffs on imported furniture, and personnel changes at the Federal Reserve, which have an impact on the market [10]. 3.3. A - Share Market Situation - On August 26, 2025, the broader market had a narrow - range shock with shrinking volume. The Shanghai Composite Index fell 0.39%, and the Shenzhen Component Index rose 0.26%. A - share trading volume was 2.71 trillion yuan, down from 3.18 trillion yuan the previous day [16]. - A - share market sentiment has been rising recently, with private equity funds actively deploying. Over 60% of billion - level private equity funds are approaching full - position operations, focusing on technology growth, small - and medium - cap, and high - prosperity sectors [16]. 3.4. Global Market Situation - On August 26, 2025, the Hong Kong Hang Seng Index fell 1.18%, and the US three major stock indexes rose slightly, while European three major stock indexes fell across the board [18][19]. - On August 26, 2025, international precious metal futures closed mixed, London base metals mostly rose, and the US dollar index fell [12].