股指期货早报2026.3.12：美伊冲突事件瞬息万变，A股继续震荡-20260312

1. Report Industry Investment Rating No relevant content provided. 2. Core View of the Report - The escalation of the US - Iran conflict has led to an increase in crude oil prices, which suppresses risk assets. However, the news of the International Energy Agency's proposed release of the largest - ever oil reserves indicates that the increase in crude oil prices will be more restrained compared to the previous sharp rise, and the suppression of risk assets will also be relatively smaller [2]. - A - shares were active in sectors such as new energy due to the increase in AI computing power demand and rising energy prices. The entry of the national team suggests that short - term market risks are low. The market is expected to be volatile, and investors are advised to buy low and sell high [2]. 3. Summary According to Relevant Catalogs 3.1 Important Information - Trump said there might be conditional negotiations with Iran, but there are different stances within Iran. The Iranian foreign minister said the new supreme leader would not negotiate with the US, while the vice - president said they had not given up on resolving the issue through negotiation [4]. - The Iranian president put forward three necessary conditions to end the war: recognition of Iran's legitimate rights, payment of war compensation, and firm guarantees from the international community to prevent future aggression [4]. - Iran claims it can block the Strait of Hormuz, will implement "serial strikes" instead of just reciprocal counter - attacks, and the US military has warned Iranian civilians to stay away from port facilities in the Strait of Hormuz [4]. - Three ships were attacked in the Gulf waters on Wednesday, and the Iranian Revolutionary Guard said its forces fired at non - compliant ships in the Gulf region [4]. - The FBI warned that Iran plans to launch a drone raid on California from near the US coast [5]. - The IEA announced the release of 400 million barrels of emergency oil reserves, the largest - ever scale [6]. - The central bank will deepen the integration of industry and technology and promote the application of artificial intelligence in the financial field in a safe and orderly manner [7]. - The Ministry of Industry and Information Technology's platform issued "six do's and six don'ts" suggestions to prevent the security risks of the OpenClaw open - source intelligent body [7]. - The Supercomputing Internet will distribute 10 million Tokens for free to each OpenClaw user [8]. - The Ministry of Foreign Affairs is in communication with relevant parties including the conflict parties [9]. 3.2 Futures Market Tracking - Futures Market Performance: The report provides detailed data on the closing prices, settlement prices, price changes, price change rates, basis, and other information of various futures contracts such as the Shanghai - Shenzhen 300, Shanghai 50, CSI 500, and CSI 1000 [11]. - Futures Trading Volume and Position: It shows the trading volume, trading volume changes, trading amount, trading amount changes, position, position changes, and other data of different futures contracts, as well as the net position and its changes of the top 20 member institutions [12]. 3.3 Spot Market Tracking - Spot Market Performance: Data on the current points, daily, weekly, monthly, and annual price changes, trading volume, and price - to - earnings ratios of various indexes and sectors are presented, including the Wande All - A Index, Shanghai Composite Index, Shenzhen Component Index, etc. [32]. - Market Style Impact: The impact of different market styles (cycle, consumption, growth, finance, stability) on the price changes of the Shanghai 50, Shanghai - Shenzhen 300, CSI 500, and CSI 1000 indexes is analyzed [33][34][35]. - Valuation and Market Indicators: Information on the valuation and historical quantiles of important indexes and Shenwan sectors, as well as market indicators such as weekly average trading volume, weekly average turnover rate, number of rising and falling stocks, and index trading volume changes, is provided [36][39][42]. 3.4 Liquidity Tracking - Central Bank Operations and Interest Rates: The report shows the central bank's open - market operations (currency injection, currency withdrawal, and net currency injection) and the Shibor interest rate levels [46].