《金融》日报-20260319

Group 1: Report Industry Investment Rating - No information provided Group 2: Core Viewpoints of the Report - For precious metals, the Fed's interest rate decision with a "hawkish" stance has short - term negative impacts on precious metal sentiment. Gold price has fallen below the 60 - day moving average, and if it cannot recover, it may drop to the low of $4650 in February. It is recommended to buy at - the - money put options. Silver is in a weak and volatile state under the pressure of a strong US dollar, seeking support around $70. Platinum follows gold and silver in a weak oscillation and may fall below $2000. Palladium performs weaker than platinum [3] Group 3: Summary by Relevant Catalogs 1. Stock Index Futures Spread - IF: The current - to - spot spread is - 6.93, with a 1 - year historical percentile of 40.30% and a full - historical percentile of 79.00%. The inter - period spreads show different values and percentiles for different time combinations such as next - month to current - month, quarter - month to current - month, etc [1] - IH: The current - to - spot spread is - 1.25, with corresponding percentiles. The inter - period spreads also have various values and percentiles [1] - IC: The current - to - spot spread is 5.60, and the inter - period spreads have different values and percentiles for different time combinations [1] - IM: The current - to - spot spread is 62.50% (seems an error in data presentation here), and the inter - period spreads have different values and percentiles [1] - Cross - variety ratios: Ratios such as CSI 500/CSI 300, CSI 1000/CSI 300, IC/IF, etc. have their own values, changes, and percentiles [1] 2. Treasury Bond Futures Spread - IRR and Basis: For different varieties like TS, TF, T, and TL, the IRR and basis have their latest values, changes from the previous trading day, and percentiles since listing [2] - Inter - period spreads: For each variety, the inter - period spreads between different quarters (such as current - quarter to next - quarter, current - quarter to alternate - quarter) have their values, changes, and percentiles [2] - Cross - variety spreads: Spreads between different varieties like TS - TF, TS - T, etc. have their values, changes, and percentiles [2] 3. Precious Metals Spot - Futures - Domestic futures closing prices: AU2604, AG2606, PT2606, and PD2606 contracts have closing prices on March 18 and 17, with corresponding price changes and percentage changes [3] - Foreign futures closing prices: COMEX gold, silver, NYMEX platinum, and palladium contracts have closing prices on March 18 and 17, with price changes and percentage changes [3] - Spot prices: London gold, silver, spot platinum, palladium, and Shanghai Gold Exchange's gold T + D, silver T + D, etc. have their current and previous values, price changes, and percentage changes [3] - Basis: The basis between gold TD - Shanghai gold main contract, silver TD - Shanghai silver main contract, etc. has its current value, change, and 1 - year historical percentile [3] - Ratios: Ratios such as COMEX gold/silver, NYMEX platinum/palladium, etc. have their current values, changes, and percentage changes [3] - Interest rates and exchange rates: 10 - year US Treasury yield, 2 - year US Treasury yield, 10 - year TIPS Treasury yield, US dollar index, and on - shore RMB exchange rate have their current values, changes, and percentage changes [3] - Inventory and positions: The inventories of Shanghai Futures Exchange's gold and silver, COMEX gold and silver, and the positions of SPRD gold ETF and SLV silver ETF have their current values, changes, and percentage changes [3]