《金融》日报-20260323

1. Report Industry Investment Rating - No information provided regarding the report industry investment rating. 2. Core Viewpoints 2.1 Stock Index Futures - The report presents the latest values, changes from the previous day, and historical quantiles of various stock index futures spreads, including F, H, IC, and IM, as well as cross - variety ratios such as CSI 500/CSI 300, CSI 500/SSE 50, etc. [1] 2.2 Treasury Bond Futures - It shows the latest values, changes from the previous trading day, and historical quantiles of basis, cross - period spreads, and cross - variety spreads of different treasury bond futures varieties (TS, TF, T, TL). [2] 2.3 Precious Metals - The market for precious metals is in a downward trend. The end of the decline requires a缓和 of geopolitical conflicts, which is difficult to achieve. It is recommended to take a short - side operation for gold. For silver, if the US - Iran war eases, the price may stop falling and stabilize; otherwise, it may fall below $60. Platinum may fall to the $1750 - $1800 range, and palladium may drop to around $1300. [3] 3. Summary by Relevant Catalogs 3.1 Stock Index Futures - Futures - Spot Spreads: F futures - spot spread is - 80.62, H is - 18.06, IC is - 200.64, and IM is - 223.43. [1] - Cross - Period Spreads: Different cross - period spreads for F, H, IC, and IM are presented, such as F's next - month - current - month spread is - 56.80, etc. [1] - Cross - Variety Ratios: Ratios like CSI 500/CSI 300 is 1.6991, CSI 500/SSE 50 is 2.6908, etc. are provided. [1] 3.2 Treasury Bond Futures - Basis: TS basis is 0.0189, TF is 0.0599, T is 1.3076, and TL is 0.5330. [2] - Cross - Period Spreads: For example, TS's current - quarter - next - quarter spread is - 0.0060, etc. [2] - Cross - Variety Spreads: TS - TF is - 3.4610, TS - T is - 5.7310, etc. [2] 3.3 Precious Metals - Domestic Futures Closing Prices: AU2604 contract is 1039.22 yuan/gram, AG2606 contract is 17625 yuan/kilogram, etc. [3] - Foreign Futures Closing Prices: COMEX gold主力 contract is $4492.00, COMEX silver主力 contract is $67.81, etc. [3] - Spot Prices: London gold is $4491.67, London silver is $67.90, etc. [3] - Basis: Gold TD - Shanghai gold主力 is 1.38, silver TD - Shanghai silver主力 is 155, etc. [3] - Ratios: COMEX gold/silver is 66.24, Shanghai Futures Exchange gold/silver is 58.96, etc. [3] - Interest Rates and Exchange Rates: 10 - year US Treasury yield is 4.39%, 2 - year US Treasury yield is 3.88%, etc. [3] - Inventory and Positions: Shanghai Futures Exchange gold inventory is 106845, Shanghai Futures Exchange silver inventory is 362495 kilograms, etc. [3]