冠通期货资讯早间报-20250918

Report Summary 1. Market Performance - International precious metal futures generally closed lower, with COMEX gold futures down 0.82% at $3,694.60 per ounce and COMEX silver futures down 2.15% at $41.99 per ounce. The shift in major central banks' monetary policies may weaken the US dollar and support the precious metal market [3][43]. - International oil prices fell slightly, with the US crude oil main contract down 0.85% at $63.97 per barrel and Brent crude oil main contract down 0.82% at $67.91 per barrel. The oil market is influenced by both bullish and bearish factors [3][43]. - Most London base metals declined, while LME nickel rose 0.11% to $15,445 per ton. Loose monetary policy expectations may support base metals priced in US dollars [3][44]. - Domestic futures contracts mostly declined, with short - fiber rising over 1%, and 20 - number rubber falling over 2% [4]. 2. Important News Macro News - Hong Kong will cooperate with exchanges in the Greater Bay Area to develop new businesses such as commodity trading and carbon trading [7]. - As of the end of July, the balance of national housing consumer loans (excluding personal housing loans) was 21.04 trillion yuan, a year - on - year increase of 5.34% [7]. - The EU and Indonesia have completed trade agreement negotiations [8]. - The Fed cut the benchmark interest rate by 25 basis points to 4.00% - 4.25%, restarting the rate - cut process [9]. Energy and Chemical Futures - The total refined oil inventory at the Port of Fujairah in the UAE decreased to a record low [12]. - The inventory at Port A in China increased, with different trends in East and South China [12]. - US crude oil exports increased, production decreased, and commercial crude oil inventory decreased [12]. Metal Futures - The复产 expectation of a mining company in Guinea is strengthening [14]. - China's domestic polysilicon effective production capacity is expected to decline [14]. - China's lead and zinc production in August showed year - on - year growth [14]. - Deutsche Bank raised its price forecasts for gold and silver in 2026 [16]. - A mining union in Guinea has issued a strike notice [16]. - China's alumina and electrolytic aluminum production data for August were released [16]. - The supply - demand situation of lithium carbonate, refined nickel, zinc, lead, and tin was reported [17]. Black - series Futures - The online auction of coking coal in Lvliang market showed mixed results [19]. - China's steel, pig iron, and steel product production data for August were released [21]. - Tangshan requires steel and coking enterprises to implement emission reduction measures [21]. - The Dalian Commodity Exchange is soliciting opinions on coking coal futures option contracts [22]. - Representatives of the steel industry in Jiangsu discussed measures to address industry challenges [22]. Agricultural Futures - A meeting on regulating pig production capacity was held, aiming to control the number of sows and adjust pig supply [24]. - Malaysia's palm oil export volume from September 1 - 15 decreased compared to the previous month [25][27]. - The 2025/26 sugar - making season in China officially started [26]. - Malaysia's palm oil production from September 1 - 15 decreased compared to the previous month [26]. - Brazil's sugarcane crushing and sugar production in the second half of August showed year - on - year growth [27]. - Brazil's soybean, soybean meal, and corn export volume forecasts for September 14 - 20 were released [27]. 3. Financial Market Finance - A - shares fluctuated upward, with the auto - parts sector leading the rise. The Shanghai Composite Index rose 0.37%, the Shenzhen Component Index rose 1.16%, and the ChiNext Index rose 1.95% [31]. - The Hong Kong Hang Seng Index and related technology indexes reached new highs. Southbound funds had significant net purchases [31]. - The Shanghai Stock Exchange is promoting the expansion of the fifth listing standard [31]. - Mindray Medical is preparing for a Hong Kong IPO [32]. Industry - The government calls on leading enterprises to tackle key technologies in the field of network security [33]. - A meeting on pig production capacity regulation was held to adjust next year's pig supply [35]. - The Ministry of Industry and Information Technology is soliciting opinions on intelligent connected vehicle standards [35]. - The Ministry of Industry and Information Technology released a development roadmap for new energy storage technology [35]. - Huawei released a report on future technological trends [35]. - The real estate market in China is showing signs of stabilization [36]. Overseas - US new - home starts and building permits decreased in August [37]. - The US mortgage rate decreased, promoting related activities [39]. - The Bank of Canada cut interest rates for the first time since March [39]. - The Bank of Japan is expected to keep interest rates unchanged [40]. - Japan's exports and imports decreased in August [40]. - The UK's CPI remained high in August, and the central bank may keep interest rates unchanged [40]. International Stock Markets - US stock indexes closed mixed, with the Dow rising 0.57%, the S&P 500 falling 0.1%, and the Nasdaq falling 0.33% [41]. Commodities - Hong Kong plans to take measures to establish an international gold trading market [43]. Bonds - Yields of major Chinese interest - rate bonds generally declined, and the central bank conducted reverse - repurchase operations [45]. - Hong Kong is promoting the development of bond - related business [45]. - The Ministry of Finance and the central bank completed a treasury cash deposit operation [47]. - The floating - rate bond market has expanded rapidly this year [47]. - US Treasury yields rose [47]. Foreign Exchange - The on - shore RMB against the US dollar rose, and the US dollar index also rose [48]. 4. Upcoming Events - There are multiple important events scheduled for September 18, including central bank operations, press conferences, and corporate product launches [51].