股指期货将偏强震荡,黄金期货价格再创上市以来新高,铜期货将偏强宽幅震荡,锡期货将震荡偏强,原油、燃料油期货将震荡偏弱
Guo Tai Jun An Qi Huo·2025-09-30 07:27
- Report Industry Investment Rating There is no information about the industry investment rating in the provided report. 2. Core Viewpoints of the Report - Through macro - fundamental and technical analysis, the report predicts the trends of various futures on September 30, 2025, including股指期货 (IF2512, IH2512, IC2512, IM2512) to be strong - oscillating, 黄金期货 (AU2512) to be strong - oscillating and hit a new high, and 原油期货 (SC2511) to be weak - oscillating, etc. [2] - The report also provides an overview of macro - economic news, such as the Chinese government's macro - policy adjustments, international trade frictions, and the performance of different industries in China and abroad [7]. 3. Summary by Relevant Catalogs 3.1 Futures Market Outlook - Stock Index Futures: On September 29, 2025, major stock index futures contracts showed an upward trend. It is expected that on September 30, they will be strong - oscillating. For example, IF2512 has resistance levels at 4640 and 4690 points and support levels at 4600 and 4571 points [13][19]. - Treasury Bond Futures: On September 29, treasury bond futures closed down across the board. It is predicted that on September 30, the ten - year treasury bond futures contract T2512 will be wide - oscillating, and the thirty - year treasury bond futures contract TL2512 will be weak - wide - oscillating [36][38]. - Precious Metal Futures: Gold and silver futures are expected to be strong - oscillating on September 30, with gold futures likely to hit a new high. For example, AU2512 will attack resistance levels at 875.0 and 880.0 yuan/gram [41][43]. - Base Metal Futures: Copper, aluminum, zinc, and tin futures are expected to have different trends. For example, copper futures (CU2511) will be strong - wide - oscillating on September 30, attacking resistance levels at 84000 and 85000 yuan/ton [52]. - Energy Futures: Crude oil and fuel oil futures are expected to be weak - oscillating on September 30. For example, SC2511 will test support levels at 475 and 471 yuan/barrel [102]. - Other Futures: Industrial silicon, lithium carbonate, rebar, hot - rolled coil, iron ore, coking coal, glass, soda ash, and natural rubber futures also have their respective predicted trends on September 30 [73][79][84] 3.2 Macro - economic News - The Chinese government is formulating the 15th Five - Year Plan, and 500 billion yuan of new policy - based financial instruments are expected to leverage about 6 trillion yuan of investment [7]. - The US and Japanese governments have introduced export control policies, which have been strongly opposed by the Chinese Ministry of Commerce [8]. - The tourism industry in China has recovered rapidly after the pandemic, and the scale of water conservancy infrastructure construction has reached a new high [8]. - From January to August, the total operating income of state - owned enterprises was 53.96 trillion yuan, with a year - on - year increase of 0.2%, and the total profit was 2.79 trillion yuan, with a year - on - year decrease of 2.7% [9]. - From January to August, the national social logistics total reached 229.4 trillion yuan, with a year - on - year increase of 5.2% [9].