股指期货将偏弱震荡，黄金、白银、铜、螺纹钢、铁矿石、原油期货将偏弱震荡，玻璃、纯碱期货将偏强震荡

1. Report Industry Investment Rating No relevant content provided. 2. Core View of the Report Based on macro - fundamental analysis and technical analysis using tools like the golden ratio line, horizontal line, and moving average, the report predicts the trend of various futures contracts on November 5, 2025. Index futures are expected to be weakly volatile, while glass and soda ash futures are likely to be strongly volatile. Other futures contracts such as gold, silver, copper, etc., also have corresponding trend predictions [2]. 3. Summary by Related Catalogs 3.1 Futures Market Outlook - Index futures (IF2512, IH2512, IC2512, IM2512) are expected to be weakly volatile, with specific resistance and support levels provided [2]. - Ten - year and thirty - year treasury bond futures (T2512, TL2512) are likely to be strongly volatile, with resistance and support levels given [2]. - Gold, silver, copper, aluminum, alumina, zinc, polysilicon, lithium carbonate, rebar, hot - rolled coil, iron ore, coking coal, crude oil, PTA, and PVC futures are expected to be weakly volatile, while glass and soda ash futures are expected to be strongly volatile, each with corresponding resistance and support levels [2][3][4][6]. 3.2 Macro Information and Trading Tips - China and Russia will expand mutual investment and cooperation in various fields [7]. - China will take measures to stabilize the global semiconductor supply chain [7]. - China has announced the holiday arrangements for 2026 [7]. - China welcomes foreign investment and promotes Sino - US economic and trade relations [8]. - The central bank has taken measures to release liquidity [8]. - China's service trade has shown growth in the first three quarters [8]. - The US federal government is in a "shutdown" state [9]. - The US Supreme Court will review Trump's tariff policy [9]. - Japan's central bank's December interest - rate hike expectation is under pressure [9]. - Australia's central bank maintains the key interest rate [9]. 3.3 Futures Market Analysis and Outlook 3.3.1 Index Futures - On November 4, 2025, index futures showed a downward trend, with increased short - term downward pressure. The report also provides November - wide - range volatility expectations for the main contracts [12][13][14][18][19]. 3.3.2 Treasury Bond Futures - On November 4, 2025, ten - year and thirty - year treasury bond futures had different trends. The report predicts that they will be strongly volatile on November 5, 2025 [38][43][44]. 3.3.3 Gold Futures - On November 4, 2025, the gold futures main contract showed a downward trend, with increased short - term downward pressure. The report predicts wide - range volatility in November 2025 and weak volatility on November 5, 2025 [46]. 3.3.4 Other Futures - Silver, copper, aluminum, alumina, zinc, polysilicon, lithium carbonate, rebar, hot - rolled coil, iron ore, coking coal, glass, soda ash, crude oil, PTA, and PVC futures all had specific trends on November 4, 2025, and the report provides corresponding trend predictions for November 5, 2025 and November 2025 [53][56][60][63][68][72][76][80][85][88][92][95][99][102][106][109].