股指期货将偏强震荡黄金、白银、铁矿石、原油、甲醇期货将偏强震荡PTA、天然橡胶期货将偏弱震荡

Report Industry Investment Rating No relevant content provided. Core Viewpoints Based on macro - fundamental and technical analyses, the report predicts the likely price trends of various futures contracts on November 25, 2025. Index futures, gold, silver, aluminum, nickel, iron ore, glass, PVC, methanol futures are expected to show a strong - side oscillation; ten - year and thirty - year treasury bond futures, copper, alumina, hot - rolled coil futures are likely to have a wide - range or oscillatory consolidation; while PTA, natural rubber, soda ash, and fuel oil futures are forecasted to experience a weak - side oscillation [2][3][4][5][7]. Summary by Directory Futures Market Outlook - Index futures (IF2512, IH2512, IC2512, IM2512) are likely to oscillate on the strong side. Resistance and support levels are provided for each contract [2][19]. - Ten - year treasury bond futures (T2512) and thirty - year treasury bond futures (TL2512) are expected to have a wide - range oscillation, with corresponding resistance and support levels [2][37][40]. - Gold (AU2602) and silver (AG2602) futures are likely to oscillate on the strong side and attempt to break through resistance levels [2][43][51]. - Copper (CU2601) futures are expected to have an oscillatory consolidation, while aluminum (AL2601) futures are likely to oscillate on the strong side [3][55][62]. - Alumina (AO2601) futures are expected to have an oscillatory consolidation, and nickel (NI2601) futures are likely to oscillate on the strong side [3][67][72]. - Carbonate lithium (LC2601) futures are expected to have a wide - range oscillation [76]. - Rebar (RB2601) futures are likely to oscillate on the strong side, and hot - rolled coil (HC2601) futures are expected to have an oscillatory consolidation [4][81][84]. - Iron ore (I2601) futures are likely to oscillate on the strong side, and coking coal (JM2601) futures are expected to have a wide - range oscillation [4][89][94]. - Glass (FG601) futures are likely to oscillate on the strong side, and soda ash (SA601) futures are expected to oscillate on the weak side [4][97][103]. - Crude oil (SC2601) futures are likely to oscillate on the strong side, and fuel oil (FU2601) futures are expected to oscillate on the weak side [5][106][110]. - PTA (TA601) futures are expected to oscillate on the weak side, and PVC (V2601) futures are likely to oscillate on the strong side [5][110][114]. - Methanol (MA601) futures are likely to oscillate on the strong side, and natural rubber (RU2601) futures are expected to oscillate on the weak side [7][117][119]. Macro News and Trading Tips - On the evening of November 24, Chinese President Xi Jinping had a phone call with US President Trump, emphasizing the positive development of China - US relations and China's stance on the Taiwan issue [8]. - The central bank will conduct 1 trillion yuan of MLF operations on November 25, with a net investment of 100 billion yuan [9]. - China's full - industry outbound direct investment in the first three quarters of this year was 923.68 billion yuan, a year - on - year increase of 4.4% [9]. - US Fed officials signaled a dovish stance, supporting a rate cut in December [10]. - International precious metal and crude oil futures generally rose on November 24, affected by factors such as Fed officials' dovish signals and geopolitical uncertainties [11]. Futures Market Analysis and Outlook - On November 24, index futures showed different trends. Some contracts had a slight decline, while others had a slight increase. They faced resistance and support at different levels [13][14][15]. - Treasury bond futures closed higher across the board on November 24. The central bank conducted reverse - repurchase operations, and the money market showed some changes [37][38]. - Gold, silver, copper, and other commodity futures also had their own price movements and trends on November 24, with corresponding resistance and support levels analyzed [43][51][55].