宝城期货股指期货早报（2025年12月12日）-20251212

Group 1: Report Industry Investment Rating - No relevant content Group 2: Core Viewpoints of the Report - The report believes that the policy利好预期 is gradually fermenting, and the stock index will be mainly oscillating and strengthening in the short term [1][5] Group 3: Summary by Related Catalog 1. Variety Viewpoint Reference - Financial Futures Stock Index Sector - For the IH2512 variety, the short - term view is oscillating, the medium - term view is oscillating, the intraday view is strengthening, and the overall view is oscillating and strengthening, with the core logic being the continuous fermentation of the policy利好预期 [1] 2. Price Market Driving Logic of Main Varieties - Financial Futures Stock Index Sector - The varieties include IF, IH, IC, and IM. The intraday view is strengthening, the medium - term view is oscillating, and the reference view is oscillating and strengthening. The core logic is that although the stock index had a small oscillating correction yesterday, the trading volume increased. The short - term upward driving force of the stock index is insufficient, but considering the Fed's interest rate cut and the strong policy利好预期 next year, the risk appetite of the stock market is expected to continue to rise, and attention should be paid to the policy guidance of the subsequent Central Economic Work Conference [5]