高频数据扫描：护航前景存疑、相互威慑升级

1. Report Industry Investment Rating - The document does not provide a specific investment rating for the industry [1][3] 2. Core Viewpoints of the Report - High oil prices may push up US inflation, and if WTI oil prices remain above $90 per barrel for a long time, it could drive the US CPI year - on - year increase back above 3% or even 4%, affecting the Fed's interest rate cut expectations and the US Treasury market. The longer high oil prices persist, the greater their upward potential may be [3] - Whether the US can provide escort in the Strait of Hormuz is a key factor for the persistence of oil price shocks. The US government has considered the escort option, but security risks have prevented its implementation [3] - Tensions between the US and Iran around Kharg Island have escalated, increasing the risk of sharp fluctuations in international oil prices [3] - Next week, the international financial and commodity markets should focus on the US - Iran game around Kharg Island and when the US can provide escort in the Strait of Hormuz [1][3] - International oil prices continued to rise, while domestic meat and vegetable prices declined this week. There were also changes in the prices and indicators of other commodities such as copper, aluminum, and steel [3] - The average daily transaction area of commercial housing in 30 large and medium - sized cities in February and March 2026 decreased compared to the same period in 2025 [3] 3. Summary by Relevant Catalogs 3.1 High - frequency Data Scan - Next week, focus on the US - Iran game around Kharg Island and when the US can provide escort in the Strait of Hormuz [1][3] 3.2 High - frequency Data and Important Macroeconomic Indicators Trend Comparison - The document provides multiple charts showing the relationships between high - frequency data and important macroeconomic indicators such as industrial added value, PPI, CPI, etc., including the relationship between copper spot prices and industrial added value, and between RJ/CRB price index and export amount [19][28][55] 3.3 Important High - frequency Indicators in the US, Europe, and Japan - The document shows charts related to US weekly economic indicators, real economic growth rate, initial jobless claims, unemployment rate, and the implied prospects of interest rate hikes/cuts by the central banks of the US, Japan, and the Eurozone [85][89][93] 3.4 Seasonal Trends of High - frequency Data - The document presents the seasonal trends (in terms of month - on - month increases) of various high - frequency data, including 30 - city commercial housing transaction area, LME copper spot settlement price, and Brent crude oil futures settlement price [98][106][112] 3.5 High - frequency Traffic Data in Beijing, Shanghai, Guangzhou, and Shenzhen - The document shows the year - on - year changes in subway passenger volume in Beijing, Shanghai, Guangzhou, and Shenzhen [144][145][146]