宝城期货股指期货早报（2025年10月27日）-20251027

Group 1: Report Industry Investment Rating - No relevant content found Group 2: Core Viewpoints of the Report - The short - term view of the stock index futures is wide - range oscillation, and the medium - term view is upward. The core logic is the game between the profit - taking intention of funds and the expectation of policy benefits [1][4]. Group 3: Summary by Related Catalogs Variety Viewpoint Reference - Financial Futures Stock Index Sector - For IH2512, the short - term view is oscillation, the medium - term view is upward, the intraday view is oscillation with a strong bias, and the overall view is wide - range oscillation. The core logic is the game between the profit - taking intention of funds and the expectation of policy benefits [1]. Main Variety Price Market Driving Logic - Financial Futures Stock Index Sector - The intraday view of IF, IH, IC, and IM is oscillation with a strong bias, the medium - term view is upward, and the reference view is wide - range oscillation. Last Friday, all stock indexes oscillated and rose. The trading volume of the Shanghai, Shenzhen, and Beijing stock markets was 19916 billion yuan, an increase of 3309 billion yuan from the previous day. Policy support for the technology industry is expected due to the goals of the 14th Five - Year Plan, and the external uncertainty has eased after the Sino - US economic and trade consultations. However, the marginal expectation of incremental policy benefits will slow down, and there is still an intention for profit - taking. In the short term, the stock index is expected to be mainly in wide - range oscillation [4].