股指期货将偏弱震荡，黄金、白银、锡期货再创上市以来新高，白银、镍、锡期货将震荡偏强

1. Report Industry Investment Rating - Not provided in the report 2. Core View of the Report - Through macro - fundamental analysis and technical analysis, the report predicts the trend, resistance, and support levels of various futures on January 15, 2026, and the overall trend of futures main (continuous) contracts in January 2026 [2][5] 3. Summary by Relevant Catalogs 3.1 Futures Market Outlook Points - On January 15, 2026, stock index futures will be weakly volatile; gold, silver, and tin futures will reach new highs since listing; silver, nickel, and tin futures will be strongly volatile; other varieties have different trends [2] - In January 2026, most futures main (continuous) contracts will be strongly volatile, and some will reach new highs since listing [5] 3.2 Macro - News and Trading Tips - The State Council Information Office will hold a press conference on January 15, and the central bank and relevant departments will introduce policies; China's foreign trade in 2025 increased by 3.8% year - on - year, and December's export of rare earths increased by 32% year - on - year; the central bank will conduct a 900 billion yuan reverse - repurchase operation [6] - The policy of tax refund for home replacement by residents is extended until the end of 2027; relevant departments announce the tax policy for goods import and export in the Shenzhen Park of the Hetao Shenzhen - Hong Kong Science and Technology Innovation Cooperation Zone [7][8] - The Fed's Beige Book shows that the economy in most regions has improved; the US and Iran are in a tense situation; the US will strengthen visa review; the Fed may cut interest rates later this year [8][9] - The US PPI in November 2025 increased by 3% year - on - year; retail sales increased by 0.6% month - on - month; the number of existing home sales in December reached the highest level since February 2023 [10] 3.3 Commodity Futures - Related Information - On January 14, precious metals and some industrial metals reached new highs; international precious metal and base metal futures generally rose; oil prices fluctuated due to the risk of Iranian turmoil; tungsten prices continued to be strong; OPEC maintained its forecast of global oil demand growth in 2026 and made a forecast for 2027 [10][11][12] - The on - shore and offshore RMB against the US dollar rose, while the US dollar index fell [13][11] 3.4 Futures Market Analysis and Outlook Stock Index Futures - On January 14, the main contracts of CSI 300, SSE 50, CSI 500, and CSI 1000 stock index futures showed different trends, with some reaching new highs but facing resistance [13][14][15] - On January 15, stock index futures will be weakly volatile; in January 2026, the main (continuous) contracts of stock index futures will be strongly volatile, and the IM main continuous contract will reach a new high since listing [20] Gold Futures - On January 14, the new main contract of gold futures rose and reached a new high since listing; the main continuous contract will be strongly volatile in January 2026, reaching a new high since listing; on January 15, the main contract will be strongly volatile and reach a new high [38][39] Silver Futures - On January 14, the main contract of silver futures rose significantly and reached a new high since listing; the main continuous contract will be strongly volatile in January 2026, reaching a new high since listing; on January 15, the main contract will be strongly volatile and reach a new high [43][44] Platinum Futures - On January 14, the main contract of platinum futures rose; the main continuous contract will be strongly volatile in January 2026; on January 15, the main contract will be weakly volatile [51][52] Palladium Futures - On January 14, the main contract of palladium futures rose; the main continuous contract will be strongly volatile in January 2026; on January 15, the main contract will be weakly volatile [54] Copper Futures - On January 14, the main contract of copper futures rose; the main continuous contract will be strongly volatile in January 2026 and reach a new high since listing; on January 15, the main contract will be weakly volatile [61] Nickel Futures - On January 14, the main contract of nickel futures rose slightly; the main continuous contract will be strongly volatile in January 2026; on January 15, the main contract will be strongly volatile [63] Tin Futures - On January 14, the main contract of tin futures rose sharply and reached a new high since listing; the main continuous contract will be strongly volatile in January 2026 and reach a new high since listing; on January 15, the main contract will be strongly volatile and reach a new high [67][68] Lithium Carbonate Futures - On January 14, the main contract of lithium carbonate futures fell; the main continuous contract will be strongly volatile in January 2026; on January 15, the main contract will be widely volatile [72] Rebar Futures - On January 14, the main contract of rebar futures rose slightly; it will be strongly volatile in January 2026; on January 15, it will be strongly volatile [77] Iron Ore Futures - On January 14, the main contract of iron ore futures rose slightly; it will be strongly volatile in January 2026; on January 15, it will be weakly volatile [80] Coking Coal Futures - On January 14, the main contract of coking coal futures rose slightly; it will be strongly volatile in January 2026; on January 15, it will be volatile and consolidating [87][88] Soda Ash Futures - On January 14, the main contract of soda ash futures rose slightly; it will be widely volatile in January 2026; on January 15, it will be weakly volatile [92]