广发期货《金融》日报-20251118

1. Report Summary 1.1 Stock Index Futures Spread Daily Report - IF Spread Data: The latest IF spot - futures spread is - 16.65, up 11.09 from the previous day, with a 1 - year historical percentile of 47.90% and an all - time percentile of 27.20%. Different IF inter - period spreads also show various values and changes [1]. - IH Spread Data: The IH spot - futures spread is - 2.87, up 5.15 from the previous day, with different historical percentiles. IH inter - period spreads have their own values and changes as well [1]. - IC Spread Data: The IC spot - futures spread is - 91.05, up 6.11 from the previous day. IC inter - period spreads show significant differences in values and changes, with many at very low percentiles [1]. - IM Spread Data: The IM spot - futures spread is - 128.68, up 2.08 from the previous day. IM inter - period spreads also have distinct values and changes [1]. - Cross - variety Ratios: Ratios such as CSI 500/CSI 300, IC/IF, etc., show different values, changes, and historical percentiles [1]. 1.2 Treasury Bond Futures Spread Daily Report - Basis Data: The basis of TS, TF, T, and TL shows different values and changes on November 17, 2025, with corresponding historical percentiles [3]. - Inter - period Spread Data: Inter - period spreads of TS, TF, T, and TL, including spreads between different contract months like current - quarter to next - quarter, etc., have their own values, changes, and historical percentiles [3]. - Cross - variety Spread Data: Cross - variety spreads such as TS - TF, TS - T, etc., show different values and changes on November 17, 2025, with corresponding historical percentiles [3]. 1.3 Precious Metals Spot - Futures Daily Report - Futures Closing Prices: Domestic and foreign precious metals futures closing prices, including AU2512, AG2512, COMEX gold, and COMEX silver, show declines on November 17 compared to previous dates, with corresponding percentage changes [5]. - Spot Prices: Spot prices of London gold, London silver, and domestic TD products also show declines, with corresponding percentage changes [5]. - Basis and Ratios: The basis of different precious metals combinations shows different values, changes, and historical percentiles. Ratios such as COMEX gold/silver and SHFE gold/silver also have their own values and changes [5]. - Interest Rates, Exchange Rates, Inventory, and Positions: Interest rates of US Treasury bonds, exchange rates, inventory of precious metals in different exchanges, and positions of ETFs show various changes [5]. 1.4 Container Shipping Industry Spot - Futures Daily Report - Shipping Indexes: SCFIS for European and US - West routes shows declines from November 10 to November 17, while SCFI shows mixed changes in different routes from November 7 to November 14 [7]. - Futures Prices and Basis: Futures prices of different contracts have different changes, and the basis of the main contract shows a change of - 11.0 with a 9.61% change [7]. - Fundamental Data: Global container shipping capacity supply remains unchanged. Port - related indicators in Shanghai, export amounts, overseas economic indicators such as PMI and consumer confidence index, and OECD leading indicators show various changes [7]. 2. Core Views The report comprehensively presents the spread, price, and fundamental data of stock index futures, treasury bond futures, precious metals, and the container shipping industry. These data can help investors understand the current market situation of different asset classes, including price trends, relative value relationships, and market supply - demand fundamentals, so as to make investment decisions [1][3][5][7]. 3. Report Industry Investment Rating No industry investment rating information is provided in the report.