冠通期货早盘速递-20260226

Group 1: Hot News - Trump announced in his State of the Union address that he will bypass Supreme Court rulings and continue to impose tariffs through other legal means, and proposed to replace personal income tax with tariff revenue. He also expressed a preference for diplomatic solutions to the Iranian nuclear issue but will not allow Iran to possess nuclear weapons. However, there were inaccurate data and misleading views in his speech [2] - At the end of January, the national passenger car industry inventory was 3.57 million vehicles, a decrease of 80,000 vehicles month-on-month and an increase of 580,000 vehicles year-on-year. The inventory support for future sales days was 70 days, indicating relatively high inventory pressure [2] - The US Department of Commerce will impose countervailing duties on crystalline silicon solar cell components imported from India, Indonesia, and Laos, with subsidy rates of 125.87%, 104.38%, and 80.67% respectively [2] - Some steel mills in Tangshan have received notices of self - emission reduction during the Two Sessions from March 4th to March 11th, with a blast furnace load reduction of no less than 30%. It is expected that molten iron output will decline in early March [3] - Zimbabwe has suspended the export of lithium concentrates and raw ores to promote local processing business [3] Group 2: Plate Performance - Key focus: Urea, lithium carbonate, platinum, PVC, asphalt [4] - Night session performance: Non - metallic building materials rose 1.95%, precious metals rose 34.48%, oilseeds rose 7.77%, soft commodities rose 2.73%, non - ferrous metals rose 26.86%, coal - coke - steel - ore rose 9.75%, energy rose 2.60%, chemicals rose 10.19%, grains rose 1.12%, and agricultural and sideline products rose 2.55% [4] Group 3: Plate Position - The document shows the changes in the positions of commodity futures plates in the past five days [5] Group 4: Performance of Major Asset Classes - Equity: The Shanghai Composite Index rose 0.72% daily, 0.71% monthly, and 4.49% annually; the S&P 500 rose 0.81% daily, 0.10% monthly, and 1.47% annually; the Hang Seng Index rose 0.66% daily, - 2.27% monthly, and 4.43% annually, etc. [6] - Fixed - income: 10 - year treasury bond futures fell 0.13% daily, rose 0.16% monthly, and rose 0.57% annually; 5 - year treasury bond futures fell 0.10% daily, rose 0.17% monthly, and rose 0.29% annually, etc. [6] - Commodity: The CRB commodity index rose 0.53% daily, - 2.70% monthly, and 4.24% annually; WTI crude oil rose 0.00% daily, 0.72% monthly, and 15.01% annually, etc. [6] - Others: The US dollar index fell 0.24% daily, rose 0.56% monthly, and fell 0.62% annually; the CBOE volatility index rose 0.00% daily, 12.10% monthly, and 30.77% annually [6]