股指期货将偏弱震荡黄金、白银、锡期货将偏弱震荡

Report Industry Investment Rating No relevant content provided. Core Viewpoints - Through macro - fundamental and technical analysis, the report predicts the trend of various futures contracts on November 14, 2025, including weak and volatile trends for stock index futures, gold, silver, and tin futures, etc. [2][3][4] Summary by Related Catalogs Futures Market Outlook - Stock Index Futures: On November 14, it is expected to be weakly volatile. For IF2512, resistance levels are 4689 and 4741 points, support levels are 4636 and 4604 points; for IH2512, resistance levels are 3080 and 3100 points, support levels are 3041 and 3029 points; for IC2512, resistance levels are 7289 and 7350 points, support levels are 7183 and 7117 points; for IM2512, resistance levels are 7519 and 7600 points, support levels are 7419 and 7319 points. In November 2025, all four major stock index futures contracts are expected to be broadly volatile. [2][18] - Treasury Bond Futures: On November 14, the ten - year Treasury bond futures contract T2512 is expected to be broadly volatile, with support levels at 108.37 and 108.31 yuan, resistance levels at 108.54 and 108.62 yuan; the thirty - year Treasury bond futures contract TL2512 is also expected to be broadly volatile, with support levels at 116.0 and 115.8 yuan, resistance levels at 116.5 and 116.8 yuan. [3][37][40] - Precious Metal Futures: On November 14, gold futures contract AU2512 and silver futures contract AG2512 are expected to be weakly volatile. In November 2025, both the gold and silver futures continuous contracts are expected to be strongly and broadly volatile. [41][48][49] - Base Metal Futures: On November 14, copper futures contract CU2512 is expected to fluctuate and consolidate; aluminum futures contract AL2601 is expected to be broadly volatile and attempt to break through resistance levels; alumina futures contract AO2601 is expected to be broadly volatile; tin futures contract SN2512 is expected to be weakly volatile. In November 2025, copper, aluminum, and tin futures continuous contracts are expected to be strongly and broadly volatile. [53][59][67] - Other Commodity Futures: On November 14, polycrystalline silicon futures contract PS2601 is expected to be broadly volatile and attempt to break through resistance levels; lithium carbonate futures contract LC2601 is expected to be broadly volatile; rebar futures contract RB2601 and hot - rolled coil futures contract HC2601 are expected to fluctuate and consolidate; iron ore futures contract I2601 is expected to be broadly volatile; coking coal futures contract JM2601 is expected to be broadly volatile; glass futures contract FG601 and soda ash futures contract SA601 are expected to be weakly volatile; crude oil futures contract SC2512, PTA futures contract TA601, and PVC futures contract V2601 are expected to be strongly volatile. [71][74][80] Macro News and Trading Tips - China is reported to agree to buy about 12 million tons of US soybeans in November and December 2025, and at least 25 million tons per year for the next three years. China is also designing a new rare - earth export licensing system. [8] - The total social financing scale increment in China in the first ten months of 2025 is 30.9 trillion yuan, an increase of 3.83 trillion yuan compared with the same period last year. As of the end of October, the year - on - year growth rate of social financing stock is 8.5%, and the year - on - year growth rate of M2 is 8.2%, both down 0.2 percentage points month - on - month. [8] - The US government ends the shutdown, but the release of economic data is affected. The IMF expects the US Q4 GDP growth rate to be lower than the previously predicted 1.9%. [10] - The UK's Q3 GDP grows only 0.1% quarter - on - quarter, with a 0.1% contraction in September due to the decline in manufacturing offsetting the weak growth in services. [11]