早盘速递-20260126

Hot News - The US is deploying troops and naval vessels to Iran, and a 25% tariff on countries trading with Iran will soon take effect. The US also imposed a new round of sanctions on multiple entities and vessels related to Iran's energy and shipping systems [2] - The preliminary January manufacturing PMI in the Eurozone rose slightly to 49.4 but remained in the contraction range, while the preliminary services PMI dropped to 51.9, below expectations. Manufacturing and services PMIs in Germany rebounded more than expected. France's manufacturing PMI rose to a nearly four-year high of 51, but its services PMI sharply declined to 47.9 [2] - The China Securities Regulatory Commission approved the registration of 20 - rubber, low - sulfur fuel oil, and international copper options, and included 14 futures and options varieties, including the above three, in the scope of expanding the opening of the futures market [2] - The Shanghai Futures Exchange adjusted the daily price limit and margin ratios for nickel, alumina, lead, zinc, and stainless - steel futures contracts starting from the settlement on January 27 [2] - China's above - scale coal production in 2025 reached 48.3 billion tons, a year - on - year increase of 1.2%, hitting a new historical high [3] Sector Performance Key Focus - Urea, lithium carbonate, platinum, crude oil, and asphalt [4] Night Session Performance - Non - metallic building materials rose 1.87%, precious metals 37.78%, oilseeds and oils 7.55%, soft commodities 2.51%, non - ferrous metals 26.15%, coal, coke, steel, and minerals 8.66%, energy 2.05%, chemicals 9.75%, grains 1.09%, and agricultural and sideline products 2.59% [4] Sector Positions - The document shows the position changes of commodity futures sectors in the past five trading days from January 19 to January 23, 2026 [5] Performance of Major Asset Classes - In the equity category, the Shanghai Composite Index rose 0.33% daily, 4.22% monthly, and 4.22% year - to - date. Other indices like the S&P 500, Hang Seng Index, etc., also had different performance [6] - In the fixed - income category, 10 - year, 5 - year, and 2 - year treasury bond futures had corresponding daily, monthly, and year - to - date changes [6] - In the commodity category, the CRB Commodity Index, WTI crude oil, London spot gold, etc., showed various performance [6] - In other categories, the US Dollar Index declined, and the CBOE Volatility Index rose [6]