冠通期货早盘速递-20250904

Hot News - The joint working group of the Ministry of Finance and the People's Bank of China held its second group leader meeting, aiming to continue promoting the stable and healthy development of China's bond market and ensuring the effective implementation of fiscal and monetary policies [1] - In August, RatingDog's China Services PMI reached 53, the highest since May 2024, with seasonal performance better than last year's 51.6 and the annual average [1] - Atlanta Fed President Bostic believes one rate cut this year is appropriate, but it may change based on inflation and employment [1] - Shandong coke producers resumed production on September 3 after a 30%-50% production cut from August 16 to September 3, with the current overall开工 rate at 68.61%, down 7.53% from the previous period [1] - From August 1-31, retail sales of new energy passenger vehicles in China reached 1.079 million, a 5% year-on-year increase and a 9% month-on-month increase, with a retail penetration rate of 55.3%. Cumulative retail sales this year reached 7.535 million, a 25% year-on-year increase. Wholesale sales reached 1.292 million, a 23% year-on-year increase and a 9% month-on-month increase, with a wholesale penetration rate of 53.6%. Cumulative wholesale sales this year reached 8.926 million, a 33% year-on-year increase [2] Key Focus - The report highlights coking coal, p-xylene, Shanghai silver, crude oil, and Shanghai gold as key areas of focus [3] Night Market Performance - The night market performance shows the following sectoral changes: Non-metallic building materials rose 2.72%, precious metals 29.41%, oilseeds and fats 10.78%, non-ferrous metals 21.49%, soft commodities 2.42%, coal, coke, and steel 14.28%, energy 2.87%, chemicals 12.01%, grains 1.10%, and agricultural and sideline products 2.93% [3] Sectoral Positions - The report presents the five-day change in commodity futures sector positions, including Wind agricultural and sideline products, Wind grains, Wind chemicals, Wind energy, Wind coal, coke, and steel, Wind non-ferrous metals, Wind commodity composites, Wind soft commodities, Wind oilseeds and fats, Wind precious metals, and Wind non-metallic building materials [4] Performance of Major Asset Classes - Equity markets: The Shanghai Composite Index fell 1.16%, the SSE 50 fell 1.07%, the CSI 300 fell 0.68%, the CSI 500 fell 1.34%, the S&P 500 rose 0.51%, the Hang Seng Index fell 0.60%, the German DAX rose 0.46%, the Nikkei 225 fell 0.88%, and the UK FTSE 100 rose 0.67% [5] - Fixed-income markets: The 10-year Treasury futures rose 0.21%, the 5-year Treasury futures rose 0.17%, and the 2-year Treasury futures rose 0.04% [5] - Commodity markets: The CRB Commodity Index fell 0.56%, WTI crude oil fell 2.74%, London spot gold rose 0.74%, LME copper fell 0.05%, and the Wind Commodity Index rose 1.30% [5] - Other markets: The US Dollar Index fell 0.17%, and the CBOE Volatility Index remained unchanged [5]