Report Overview - Report Title: Global Asset Market Performance - Major Asset Morning Report - Report Date: September 24, 2025 - Research Team: Macro Team of the Research Center 1. Report Industry Investment Rating - No industry investment rating is provided in the report. 2. Report's Core View - The report presents the performance data of various global asset markets on September 23, 2025, including 10 - year and 2 - year government bond yields of major economies, exchange rates of the US dollar against major emerging - economy currencies, major economy stock indices, credit bond indices, stock index futures trading data, and government bond futures trading data. 3. Summary by Relevant Catalogs 3.1 Global Asset Market Performance - Bond Yields - 10 - Year Government Bond Yields: On September 23, 2025, the 10 - year government bond yields of the US, UK, France, etc. were 4.107%, 4.679%, 3.563% respectively. The latest changes ranged from - 0.041 (US) to 0.004 (France), with weekly changes from - 0.030 (Switzerland) to 0.078 (US), monthly changes from - 0.155 (US) to 0.065 (France), and annual changes from - 0.220 (Switzerland) to 0.912 (UK) [2]. - 2 - Year Government Bond Yields: On September 23, 2025, the 2 - year government bond yields of the US, UK, Germany, etc. were 3.570%, 3.950%, 2.019% respectively. The latest changes ranged from 0.000 (US, Japan) to 0.011 (South Korea), with weekly changes from - 0.014 (China 1Y) to 0.058 (Japan), monthly changes from - 0.012 (UK) to 0.084 (Germany), and annual changes from - 0.432 (South Korea) to 0.544 (Japan) [2]. 3.2 Global Asset Market Performance - Exchange Rates - US Dollar against Major Emerging - Economy Currencies: On September 23, 2025, the exchange rates of the US dollar against the Brazilian real, South African rand, etc. were 5.282, 17.245 respectively. The latest changes ranged from - 0.99% (Brazil) to 0.24% (South Korean won), with weekly changes from - 0.54% (South African rand) to 1.09% (South Korean won), monthly changes from - 2.75% (Brazil) to 0.05% (South Korean won), and annual changes from - 5.07% (Brazil) to 4.58% (South Korean won) [2]. - Renminbi: On September 23, 2025, the on - shore RMB, off - shore RMB, and the central parity rate were 7.113, 7.113, 7.106 respectively. The latest changes were - 0.02%, - 0.03%, - 0.07% respectively, with weekly changes of - 0.02%, 0.12%, 0.04% respectively, monthly changes of - 0.55%, - 0.56%, - 0.18% respectively, and annual changes of 0.23%, 0.18%, 0.04% respectively [2]. 3.3 Global Asset Market Performance - Stock Indices - Major Economy Stock Indices: On September 23, 2025, the S&P 500, Dow Jones Industrial Average, and NASDAQ were 6656.920, 46292.780, 22573.470 respectively. The latest changes ranged from - 0.95% (NASDAQ) to 0.59% (Mexican stock index), with weekly changes from - 0.03% (Spanish stock index) to 1.21% (German DAX), monthly changes from - 2.24% (German DAX) to 7.29% (Mexican stock index), and annual changes from 5.45% (French CAC) to 31.35% (Spanish stock index) [2]. 3.4 Global Asset Market Performance - Credit Bond Indices - Credit Bond Indices: The latest changes of the US investment - grade credit bond index, euro - zone investment - grade credit bond index, etc. ranged from - 0.03% (euro - zone investment - grade credit bond index) to 0.40% (emerging - economy high - yield credit bond index), with weekly changes from - 0.39% (US investment - grade credit bond index) to 0.27% (euro - zone high - yield credit bond index), monthly changes from 0.26% (euro - zone investment - grade credit bond index) to 1.61% (US investment - grade credit bond index), and annual changes from 3.66% (US investment - grade credit bond index) to 13.30% (emerging - economy high - yield credit bond index) [2][3]. 3.5 Stock Index Futures Trading Data - Index Performance: The closing prices of A - shares, CSI 300, SSE 50, etc. were 3821.83, 4519.78, 2919.51 respectively, with changes of - 0.18%, - 0.06%, - 0.09% respectively [4]. - Valuation: The PE (TTM) of the CSI 300, SSE 50, and CSI 500 were 14.01, 11.64, 34.17 respectively, with环比 changes of 0.04, 0.07, - 0.25 respectively [4]. - Fund Flow: The latest values of the fund flow of A - shares, the main board, and small - and medium - sized enterprise boards were - 1566.78, - 1050.60, etc., with 5 - day average values of - 1037.14, - 806.14, etc. respectively [4]. - Trading Volume: The latest trading volumes of the Shanghai and Shenzhen stock markets, CSI 300, and SSE 50 were 24943.82, 6805.14, 1689.87 respectively, with环比 changes of 3728.99, 1173.65, 125.86 respectively [4]. - Main Contract Premium/Discount: The basis of IF, IH, and IC were - 35.98, 5.49, - 240.11 respectively, with premiums/discounts of - 0.80%, 0.19%, - 3.34% respectively [4]. 3.6 Government Bond Futures Trading Data - Government Bond Futures: The closing prices of T00, TF00, T01, and TF01 were 107.715, 105.625, 107.385, 105.505 respectively, with changes of 0.13%, 0.09%, 0.12%, 0.09% respectively [5]. - Funding Rates: The funding rates of R001, R007, and SHIBOR - 3M were 1.4619%, 1.5218%, 1.5620% respectively, with daily changes of - 7.00 BP, - 1.00 BP, 0.00 BP respectively [5].
大类资产早报-20250924
Yong An Qi Huo·2025-09-24 01:09