广发期货《金融》日报-20251215

1. Report Industry Investment Rating - No relevant information provided in the documents 2. Core Views - The reports mainly present daily data on various futures, including stock index futures, treasury bond futures, precious metal futures, and container shipping index futures, covering aspects such as price differences, price changes, and related fundamental data [1][2][5][7] 3. Summary by Related Catalogs 3.1 Stock Index Futures - Price Differences: The IF, IH, IC, and IM contracts have different current - futures price differences, inter - period price differences, and cross - variety ratios. For example, the IF current - futures price difference is - 6.95, and the historical 1 - year percentile is 68.80% [1] - Percentiles: Different contracts have different historical percentiles, reflecting their positions in historical data distributions [1] 3.2 Treasury Bond Futures - Basis and Cross - Period Price Differences: Contracts like TS, TF, T, and TL have their respective basis and cross - period price differences, along with changes compared to the previous trading day and percentiles since listing. For example, the TS basis on December 12, 2025, is 1.7040, with a change of - 0.0662 from the previous day [2] - Cross - Variety Price Differences: There are cross - variety price differences among different treasury bond futures contracts, such as TS - TF, TS - T, etc. [2] 3.3 Precious Metal Futures - Prices: Domestic and foreign futures closing prices, spot prices of precious metals (gold, silver, platinum, palladium) have different degrees of changes. For example, the AU2602 contract on December 12, 2025, closed at 970.66 yuan/gram, up 1.33% from the previous day [5] - Basis and Ratios: There are basis and price ratios between different precious metal contracts. For example, the basis of gold TD - Shanghai gold main contract is - 5.86, and the historical 1 - year percentile is 2.80% [5] - Interest Rates, Exchange Rates, Inventory, and Positions: Information on interest rates (such as 10 - year US Treasury yields), exchange rates (such as the US dollar index), inventory (such as Shanghai Futures Exchange gold inventory), and positions (such as SPRD gold ETF positions) is also provided [5] 3.4 Container Shipping Index Futures - Index Prices: The settlement price index of container shipping (SCFIS for European and US - West routes) and Shanghai export container freight rates (SCFI) have different changes. For example, the SCFIS (European route) on December 8, 2025, is 1509.10, up 1.72% from December 1 [7] - Futures Prices and Basis: Futures prices of different contracts (EC2602, EC2604, etc.) and their basis (such as the basis of the main contract) have corresponding changes [7] - Fundamental Data: Data on container shipping supply capacity, port - related indicators (port punctuality rate, port calls), export amounts, overseas economic indicators (euro - zone PMI, US manufacturing PMI, etc.) are presented [7]