本周热点前瞻2025-09-01

报告核心观点 - The report provides a weekly preview of key economic events and their potential impact on the futures market [2][3] - It emphasizes the importance of factors such as macro - policies, trade wars, geopolitical situations, and official speeches on the futures market [2] 本周重点关注 - On September 1st at 9:45, Markit will release China's August SPGI Manufacturing PMI, expected to be 49.5, same as the previous value [2][3] - On September 3rd, a grand military parade will be held in Beijing to commemorate the 80th anniversary of the victory of the Chinese People's War of Resistance against Japanese Aggression and the World Anti - Fascist War [2][9] - On September 4th at 02:00, the Federal Reserve will release the Beige Book of Economic Conditions [2][12] - On September 5th at 20:30, the US Bureau of Labor Statistics will release the August non - farm payroll report [2][20] 本周热点前瞻 September 1st - China's August SPGI Manufacturing PMI: If slightly higher than the previous value, it will slightly boost commodity and stock index futures prices but slightly suppress treasury bond futures prices [3] - Eurozone's July unemployment rate: Expected to be 6.2%, same as the previous value [4] September 2nd - Eurozone's August CPI preliminary value: Expected eurozone August harmonized CPI annual rate - unadjusted preliminary value is 2.0%, same as the previous value [5] - US August ISM Manufacturing PMI: If slightly higher than the previous value, it will slightly boost non - ferrous metals, crude oil and related futures prices but slightly suppress gold and silver futures prices [6] September 3rd - Military parade in Beijing to commemorate the 80th anniversary of the victory of the Chinese People's War of Resistance against Japanese Aggression and the World Anti - Fascist War, lasting about 70 minutes [9] - US July factory orders: If the monthly rate is higher than the previous value, it will boost non - ferrous metals, crude oil and related commodity futures prices but suppress gold and silver futures prices [11] September 4th - China's August SPGI Services PMI and Composite PMI: Expected services PMI is 52.5, previous value was 52.6 [10] - Federal Reserve Beige Book of Economic Conditions: Attention should be paid to its content and impact on related futures prices [12] - August下旬 circulation area important production material market prices: Include 9 categories and 50 products [13] - Eurozone's July retail sales: Expected monthly rate is 0.2%, previous value was 0.3% [14] - US August ADP employment change: If lower than the previous value, it will suppress non - ferrous metals, crude oil and related commodity futures prices but boost gold and silver futures prices [15] - US initial jobless claims for the week ending August 30th: If slightly lower than the previous value, it will slightly suppress gold and silver futures prices and slightly boost other industrial product futures prices [16] - US August ISM Non - Manufacturing PMI: If slightly higher than the previous value, it will slightly suppress gold and silver futures prices [17] September 5th - US EIA crude oil inventory change for the week ending August 29th: If the inventory continues to decline, it will boost crude oil and related commodity futures prices [18] - US August non - farm payroll report: If the seasonally adjusted new non - farm employment is slightly higher than the previous value but the unemployment rate is slightly higher, it will strengthen the market's expectation of a 25 - basis - point interest rate cut by the Fed in September, slightly boost non - gold and non - silver commodity futures prices but suppress gold and silver futures prices [20] September 7th - China's August foreign exchange reserves and gold reserves: July foreign exchange reserves were $3292.235 billion, and gold reserves were 73.96 million ounces [21]