股指期货将偏强震荡，白银期货再创上市以来新高，黄金、白银、工业硅、铁矿石、原油、棕榈油期货将偏强震荡

Report Industry Investment Rating No relevant content provided. Core Viewpoints - Through macro - fundamental and technical analysis, the report predicts the trends of various futures contracts on September 2, 2025, including股指期货,国债期货, and multiple commodity futures [2]. - The report also analyzes the performance of these futures on September 1, 2025, and gives expectations for the September trends of some futures' main continuous contracts [12][43]. Summary by Related Catalogs 1. Futures Market Overview - On September 2, 2025,股指期货, gold, silver, industrial silicon, iron ore, crude oil, and palm oil futures are expected to have a strong - biased oscillation; ten - year and thirty - year treasury bond futures are likely to have a wide - range oscillation; copper futures are expected to oscillate and consolidate;螺纹钢and热卷futures are likely to have a weak - biased oscillation [2][3][4]. 2. Macro News - The SCO Summit achieved 24 outcomes, including the approval of the "SCO Development Strategy for the Next 10 Years (2026 - 2035)" [7]. - The "AI - Generated Synthetic Content Identification Measures" came into effect on September 1, 2025, and major platforms have introduced detailed rules [8]. - The "Implementation Plan for the Fiscal Interest Subsidy Policy for Personal Consumption Loans" was implemented on September 1, 2025, and some banks are optimistic about its impact [8]. - The eurozone's August manufacturing PMI reached a three - year high, and the July unemployment rate dropped to a historical low [8][9]. 3. Commodity Futures Information - On September 1, 2025, international precious metal futures generally rose, with COMEX gold futures up 0.84% and COMEX silver futures up 2.46%. Silver prices have risen about 40% this year [9]. - On September 1, 2025,美油and布伦特原油futures rose due to supply concerns and a weak dollar [9]. - On September 1, 2025, most London base metals rose, but LME期铜fell 0.27% [10]. 4. Futures Market Analysis 4.1 Stock Index Futures - On September 1, 2025,沪深300,上证50,中证500, and中证1000股指期货had different performances, with some hitting new highs but facing resistance. It is expected that in September 2025, they will have a strong - biased oscillation [12][13][16]. 4.2 Treasury Bond Futures - On September 1, 2025, treasury bond futures closed higher across the board. The central bank conducted 1827 billion yuan of 7 - day reverse repurchase operations, with a net withdrawal of 1057 billion yuan. It is expected that on September 2, 2025, ten - year and thirty - year treasury bond futures will have a wide - range oscillation [36]. 4.3 Precious Metal Futures - On September 1, 2025,黄金and白银futures rose. It is expected that in September 2025, they will have a strong - biased wide - range oscillation, and白银futures may hit a new high since listing [43][48]. 4.4 Base Metal Futures - On September 1, 2025,铜futures rose slightly,铝futures fell slightly, and industrial silicon futures rose slightly. Different expectations are given for their September trends [54][58][61]. 4.5 Other Commodity Futures - On September 1, 2025,螺纹钢,热卷,铁矿石,焦煤,玻璃,纯碱,原油,豆粕,豆油, and棕榈 oil futures had different performances, and corresponding trend expectations are provided for September 2, 2025, and some for September 2025 [74][76][80][84][87][91][94][100][103][106].