《金融》日报-20251230

Report Industry Investment Rating No relevant content provided. Core Views - For gold prices, short - term, due to rapid capital outflows, the market needs time to repair, and it is recommended to wait and see. The market may focus on US economic data and Fed policies. Long - term, the US macro - economic fundamentals and monetary policy expectations are favorable, and physical demand is strong with potentially tight inventory. After the CME and other exchanges increase margin requirements, the "irrational" price increase may end, and attention should be paid to the possible callback caused by the global commodity index rebalancing. Before the New Year's Day, it is recommended to close or lock positions and wait for the silver price's long - term bullish allocation window [3]. - For platinum and palladium, in the medium - to long - term, they are expected to continue to oscillate upward as they are undervalued relative to gold and driven by capital. In the short - term, the domestic market has relatively low liquidity at the initial stage of listing, and there is a risk of price fluctuations due to possible profit - taking by long - positions, so it is recommended to wait for the situation to stabilize after the New Year [3]. Summary by Related Catalogs 1. Stock Index Futures Spread Daily Report - Price Difference Data: Includes information on the current price difference, historical quantile, and changes compared to the previous day for various stock index futures such as F, H, IC, IM, etc., covering different periods like month - to - month, season - to - season, and long - term to short - term. Also provides cross - variety ratio data such as CSI 500/CSI 300, CSI 500/SSE 50, etc. [1] 2. Bond Futures Spread Daily Report - Price Difference Data: Presents the basis, cross - period spread, and cross - variety spread data for bond futures including TS, TF, T, TL on December 29, 2025, along with the IRR and the percentile since the contract's listing [2]. 3. Precious Metals Spot - Futures Daily Report - Price Data: Domestic and foreign futures closing prices, spot prices for gold, silver, platinum, and palladium on different dates are provided, including the price changes and percentage changes. Also includes basis, ratio, interest rate, exchange rate, inventory, and position data [3]. 4. Container Shipping Industry Spot - Futures Daily Report - Index Data: Settlement price indices for SCFIS (European and US West routes) and Shanghai Export Container Freight Index (SCFI) and their changes are presented. - Futures and Basis Data: Futures prices and basis data for different contracts of EC are provided, along with their price changes and percentage changes [5]. - Fundamental Data: Data on global container shipping capacity supply, port - related indicators in Shanghai, monthly export amounts, overseas economic indicators such as PMI and consumer confidence index, and OECD composite leading indicators are included [5].