股指期货将震荡整理，白银、铜、铝、锡期货将偏弱震荡，镍期货将偏弱宽幅震荡，焦煤期货将震荡偏强，碳酸锂期货将偏强宽幅震荡，铂、钯期货将偏强震荡

1. Report Industry Investment Rating No relevant content provided. 2. Core Views of the Report - Through macro - fundamental and technical analysis, the report predicts the trends, resistance levels, and support levels of various futures contracts on January 8, 2026, and for the month of January 2026. It also presents macro - economic news and trading - related information to assist investors in making decisions [2][5]. 3. Summary by Relevant Catalogs 3.1 Futures Market Outlook 3.1.1 January 8, 2026 Forecast - Stock Index Futures: IF2603, IH2603, IC2603, and IM2603 are expected to fluctuate and consolidate, with specific resistance and support levels provided [2]. - Precious Metals Futures: Gold (AU2602) is expected to fluctuate and consolidate; silver (AG2604) is expected to decline weakly; platinum (PT2606) and palladium (PD2606) are expected to rise strongly [2]. - Base Metals Futures: Copper (CU2602), aluminum (AL2602), alumina (AO2605), nickel (NI2602), and tin (SN2602) are expected to decline weakly [2]. - Other Futures: Carbonate lithium (LC2605) is expected to rise strongly with wide - range fluctuations; rebar (RB2605) is expected to fluctuate widely; iron ore (I2605) is expected to fluctuate widely; coking coal (JM2605) is expected to rise slightly [2]. 3.1.2 January 2026 Forecast - Stock Index Futures: The main continuous contracts of IF, IH, IC, and IM are expected to rise slightly, with specific resistance and support levels provided [5]. - Precious Metals Futures: The main continuous contracts of gold, silver, platinum, and palladium are expected to rise slightly, with gold and silver likely to reach new highs since listing [5]. - Base Metals Futures: The main continuous contracts of copper, aluminum, alumina, zinc, nickel, and tin are expected to rise slightly, with copper, aluminum, and alumina likely to reach new highs since listing [5]. - Other Futures: The main continuous contract of carbonate lithium is expected to rise slightly; the trends of rebar, iron ore, and coking coal are adjusted, with resistance and support levels also adjusted [5]. 3.2 Macro - economic News - China's foreign exchange reserves reached a ten - year high, and gold reserves increased for 14 consecutive months. As of the end of December 2025, China's foreign exchange reserves were 3.3579 trillion US dollars, and gold reserves were 74.15 million ounces [6]. - The US "small non - farm" employment data in December 2025 showed a mild recovery, and the ISM service industry PMI index rose to the highest level since October 2024 [8]. - The initial value of the euro - zone CPI in December 2025 slowed to 2%, in line with market expectations [9]. 3.3 Trading - related Information - The Shanghai Futures Exchange adjusted the trading rules for silver and tin futures, including position limits, handling fees, and price limit ranges [10]. - Key coking enterprises agreed to actively limit production, reduce or stop purchasing high - priced coal, and stabilize prices [10]. - Oil prices declined due to expected increased supply from Venezuela; international precious metals futures generally declined; London base metals mostly declined [10][11].