冠通期货早盘速递-20251125

Report Summary 1. Hot News - On the evening of November 24th, President Xi Jinping had a phone call with US President Trump, emphasizing maintaining the positive momentum of China-US relations and expanding cooperation [2] - Fed Governor Waller stated that the employment market is weak, inflation is not a major issue, and advocated for a rate cut in December [2] - The US and Ukraine held talks on the US peace plan in Geneva on November 23rd, with both sides considering the talks fruitful [2] - The probability of the Fed cutting rates by 25 basis points in December is 81% (up from 69.4% yesterday) [2] - Chinese Foreign Ministry Spokesperson Mao Ning said that due to Japan's wrong remarks on the Taiwan issue, the conditions for a China-Japan-South Korea leaders' meeting are currently not met [3] 2. Sector Performance - Key sectors to watch: glass, corn, coking coal, Shanghai copper, and Shanghai gold [4] - Night session performance: Non-metallic building materials rose 3.22%, precious metals 28.81%, oilseeds and oils 9.94%, non-ferrous metals 22.92%, soft commodities 2.88%, coal, coke, steel, and minerals 12.73%, energy 2.98%, chemicals 11.06%, grains 1.35%, and agricultural and sideline products 4.12% [4] 3. Sector Positions - The document shows the position changes of commodity futures sectors in the past five days [5] 4. Performance of Major Asset Classes | Category | Name | Daily Return (%) | Monthly Return (%) | Year-to-Date Return (%) | | --- | --- | --- | --- | --- | | Equity | Shanghai Composite Index | 0.05 | -2.98 | 14.47 | | | SSE 50 | -0.18 | -2.03 | 9.90 | | | CSI 300 | -0.12 | -4.15 | 13.04 | | | CSI 500 | 0.76 | -6.30 | 19.97 | | | S&P 500 | 1.55 | -1.97 | 14.00 | | | Hang Seng Index | 1.97 | -0.73 | 28.20 | | | German DAX | 0.71 | -2.93 | 16.81 | | | Nikkei 225 | 0.00 | -7.22 | 21.89 | | | FTSE 100 | -0.05 | -1.88 | 16.66 | | Fixed Income | 10-Year Treasury Futures | 0.06 | -0.16 | -0.39 | | | 5-Year Treasury Futures | 0.03 | -0.16 | -0.61 | | | 2-Year Treasury Futures | 0.01 | -0.12 | -0.54 | | Commodity | CRB Commodity Index | 0.14 | -2.17 | -0.25 | | | WTI Crude Oil | 1.41 | -3.27 | -18.13 | | | London Spot Gold | 1.73 | 3.30 | 57.56 | | | LME Copper | 0.04 | -1.01 | 22.78 | | | Wind Commodity Index | 0.46 | -2.25 | 27.70 | | Other | US Dollar Index | 0.05 | 0.47 | -7.63 | | | CBOE Volatility Index | 0.00 | 34.35 | 35.04 | [6]