冠通期货早盘速递-20260401

Group 1: Hot News - US President Trump is willing to end the military action against Iran even if the Strait of Hormuz remains largely closed, believing the war may end soon, and other countries can reopen the strait without US military aid. US Defense Secretary Hegdeth said the "top priority" is to seek an agreement to end the war. Iranian President Pezeshkian is willing to end the war if Iran's demands are met, especially getting a guarantee of no more aggression [2] - Iran's Islamic Revolutionary Guard Corps announced 18 US ICT and AI - related companies and institutions in the Middle East as "legitimate targets", including Nvidia, Apple, Tesla, etc. [2] - China's economic sentiment has rebounded. In March, with the acceleration of resumption of work and production after the Spring Festival, both production and demand expanded. China's manufacturing, non - manufacturing, and comprehensive PMI output indices returned to the expansion range, at 50.4%, 50.1%, and 50.5% respectively, up 1.4, 0.6, and 1 percentage points from the previous month [2] - A batch of national new regulations will be officially implemented in April. For example, the "Regulations on the Supervision of Short - term Trading" will be implemented on April 7, and the "Rules on the Pricing Behavior of Internet Platforms" on April 10 [3] - The Dalian Commodity Exchange announced that during the Tomb - sweeping Festival holiday in 2026, the price limit range and trading margin level of each futures contract will remain unchanged [3] Group 2: Key Commodities Night - session Performance - Focus on urea, coking coal, silver, lithium carbonate, and crude oil. The night - session performance shows certain fluctuations [4] Sector Performance - Non - metallic building materials had a 2.57% increase, precious metals 26.23%, oilseeds and fats 8.87%, soft commodities 2.55%, non - ferrous metals 23.13%, coal, coke, steel, and minerals 9.86%, energy 7.49%, chemicals 15.32%, grains 1.04%, and agricultural and sideline products 2.94% [6] Group 3: Asset Performance Stock Indices - The Shanghai Composite Index had a daily decline of 0.80%, monthly change of 0.00%, and annual decline of 1.94%. The SSE 50 had a daily decline of 0.25%, monthly change of 0.00%, and annual decline of 6.76%. The CSI 300 had a daily decline of 0.93%, monthly change of 0.00%, and annual decline of 3.89%. The CSI 500 had a daily decline of 1.76%, monthly change of 0.00%, and annual increase of 2.03%. The S&P 500 had a daily increase of 2.91%, monthly change of 0.00%, and annual decline of 4.63%. The Hang Seng Index had a daily increase of 0.15%, monthly change of 0.00%, and annual decline of 3.29%. The German DAX had a daily increase of 0.52%, monthly change of 0.00%, and annual decline of 7.39% [7] Other Assets - The 10 - year Treasury bond futures had a daily increase of 0.04% and an annual increase of 0.50%. The 5 - year Treasury bond futures had a daily increase of 0.03%, monthly change of 0.00%, and annual increase of 0.33%. The 2 - year Treasury bond futures had a daily change of 0.00%, monthly change of 0.00%, and annual increase of 0.08%. The CRB commodity index had a daily change of 0.00%, monthly change of 0.00%, and annual increase of 24.27%. WTI crude oil had a daily decline of 1.10%, monthly change of 0.00%, and annual increase of 76.96%. London spot gold had a daily increase of 3.45%, monthly change of 0.00%, and annual increase of 8.13%. LME copper had a daily change of 0.00%, monthly change of 0.00%, and annual decline of - 2.41%. The Wind commodity index had a daily increase of 1.23%, monthly change of 0.00%, and annual change of 0.05%. The US dollar index had a daily decline of - 0.62%, monthly change of 0.00%, and annual increase of 1.64%. The CBOE volatility had a daily change of 0.00%, monthly change of 0.00%, and annual increase of 104.75% [8] Group 4: Main Commodity Trends - The report shows the trends of the Baltic Dry Index (BDI), CRB spot index, WTI crude oil, London spot gold, London spot silver, LME 3 - month copper, gold - oil ratio, copper - gold ratio, CBOT soybeans, and CBOT corn [10] Group 5: Stock Market Risk Preference - The report presents the relationship between the Wind All - A (excluding finance and petroleum and petrochemicals) and risk premium, as well as the risk premiums of SSE 50, CSI 300, and CSI 500 [13][14]