广发期货日报-20260311

1. Report Industry Investment Rating - No information provided in the reports. 2. Core Views 2.1 Stock Index Futures Spread Daily Report - The report presents the latest values, changes from the previous day, historical 1 - year percentiles, and all - time percentiles of various stock index futures spreads, including IF, IH, IC, and IM. It also shows cross - variety ratios [1]. 2.2 Treasury Bond Futures Spread Daily Report - The report provides the latest values, changes from the previous trading day, and percentiles since listing for various treasury bond futures spreads, such as basis, cross - period spreads, and cross - variety spreads [2]. 2.3 Capital Flow and Key Seats' Position Changes Daily Report - The report shows the capital inflow and outflow of varieties and the position changes of key seats, with the vertical axis percentage calculated as net position divided by total position (unilateral) and daily position increase/decrease divided by total position (unilateral) [3]. 2.4 Precious Metals Spot - Futures Daily Report - Gold is stabilizing above the 20 - day moving average, generally maintaining a range of 5000 - 5300 dollars. One should be cautious with unilateral operations and can observe the volatility changes of observable targets. In the short term, one can sell out - of - the - money call options above 1200 yuan. - Silver may still face downward pressure under multiple factors. Attention should be paid to the support of the 60 - day moving average. In the case of converging volatility, it operates in the range of 80 - 90 dollars. It is recommended to sell out - of - the - money call options to earn time value. - Platinum and palladium prices are generally supported by macro - financial attributes and a tight supply pattern. The industrial demand is stable and the investment demand is slightly warming. The platinum price fluctuates in the range of 2050 - 2250 dollars, and one can roll and sell out - of - the - money call options [4]. 3. Summary by Related Catalogs 3.1 Stock Index Futures Spread - IF: The current IF spot - futures spread is - 10.76, with a 70.40% historical 1 - year percentile and 37.20% all - time percentile. The cross - period spreads also have corresponding values and percentiles [1]. - IH: The IH spot - futures spread is - 0.44, with a 63.50% historical 1 - year percentile and 52.80% all - time percentile. Different cross - period spreads are presented with their respective data [1]. - IC: The IC spot - futures spread is - 16.70, with an 80.30% historical 1 - year percentile and 57.30% all - time percentile. Multiple cross - period spreads are shown [1]. - IM: The IM spot - futures spread is 23.62, with a 30.00% historical 1 - year percentile and 43.10% all - time percentile. Cross - period spreads are provided [1]. - Cross - variety Ratios: Ratios such as CSI 200/SSE 20, CSI 300/SSE 50, and others are presented with their latest values, changes, and percentiles [1]. 3.2 Treasury Bond Futures Spread - Basis: The IRR of TF basis is 1.3770 (on 2026 - 03 - 10), with a change of - 0.0058 and a 16.20% percentile since listing. Other basis values for T, TL, etc. are also given [2]. - Cross - period Spreads: For TS, TF, T, and TL, cross - period spreads like current quarter - next quarter, next quarter - far quarter are presented with their values, changes, and percentiles [2]. - Cross - variety Spreads: Spreads such as TS - TF, TS - T, TF - T, etc. are provided with relevant data [2]. 3.3 Capital Flow and Key Seats' Position Changes - The report shows the net position and daily position increase/decrease percentages of seats like Morgan Stanley, UBS Futures, CITIC Futures, and Guotai Junan [3]. 3.4 Precious Metals Spot - Futures - Domestic Futures Closing Prices: The AU2604 contract closed at 1150.00 yuan/gram on March 10, up 0.88% from the previous day. Other contracts like AG2604, PT2606, and PD2606 also have their closing prices and price changes [4]. - Foreign Futures Closing Prices: COMEX gold, silver, NYMEX platinum, and palladium futures have their closing prices, price changes, and percentage changes on March 10 [4]. - Spot Prices: London gold, silver, spot platinum, and palladium, as well as Shanghai Gold Exchange's gold T + D and silver T + D, have their current prices, price changes, and percentage changes [4]. - Basis: The basis values of gold TD - Shanghai gold main contract, silver TD - Shanghai silver main contract, etc., along with their changes and historical 1 - year percentiles, are presented [4]. - Ratios: Ratios such as COMEX gold/silver, SHFE gold/silver, NYMEX platinum/palladium, and GZFE platinum/palladium are given with their values, changes, and percentage changes [4]. - Interest Rates and Exchange Rates: 10 - year US Treasury yield, 2 - year US Treasury yield, 10 - year TIPS Treasury yield, US dollar index, and offshore RMB exchange rate have their current values, changes, and percentage changes [4]. - Inventory and Positions: The inventory of SHFE gold, silver, COMEX gold, and silver, as well as the positions of COMEX gold registered warehouse receipts, SPDR gold ETF, and SLV silver ETF, have their current values, changes, and percentage changes [4].