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《金融》日报-20251118
Guang Fa Qi Huo· 2025-11-18 05:52
Report Summary 1. Report Industry Investment Rating No investment rating information is provided in the reports. 2. Core Views The reports mainly present the daily price differences, price changes, and relevant data of various financial products including stock index futures, treasury bond futures, precious metals, and container shipping indices. These data can help investors understand the market trends and relative valuations of different products. 3. Summary by Related Catalogs Stock Index Futures - **IF, IH, IC, IM期现价差**: The latest values of IF, IH, IC, and IM期现价差 are -16.65, -2.87, -91.05, and -128.68 respectively, with changes of 11.09, 5.15, 6.11, and 2.08 compared to the previous day. Their historical 1 - year percentiles are 47.90%, 39.30%, 27.40%, and 65.00% respectively, and the full - historical percentiles are 27.20%, 41.40%, 4.50%, and 14.30% respectively [1]. - **IF, IH, IC, IM跨期价差**: Different combinations of IF, IH, IC, and IM跨期价差 show various values, changes, and percentiles. For example, the IF跨期价差 of “次月 - 当月” is -14.40, with a change of -0.80, a historical 1 - year percentile of 29.00%, and a full - historical percentile of 29.60% [1]. - **跨品种比值**: Ratios such as “中证500/沪深300”, “IC/IF” etc. are presented, with corresponding changes and percentiles. For instance, “中证500/沪深300” is 1.5736, with a change of 0.0102, a historical 1 - year percentile of 90.10%, and a full - historical percentile of 67.90% [1]. Treasury Bond Futures - **基差**: The latest values of TS, TF, T, and TL基差 are 1.6915, 1.5952, 0.0842, and 1.9316 respectively, with changes of -0.0256, -0.0166, -0.0315, and -0.0414 compared to the previous day. Their percentiles since listing are 32.00%, 42.70%, 52.60%, and 71.30% respectively [3]. - **跨期价差**: Different combinations of TS, TF, T, and TL跨期价差 have different values, changes, and percentiles. For example, the TS跨期价差 of “当季 - 下季” is 0.0640, with a change of 0.0080 and a percentile of 37.50% [3]. - **跨品种价差**: Values and changes of “TS - TF”, “TS - T” etc. are provided. For example, “TS - TF” is -3.4250, with a change of -0.0040 and a percentile of 10.60% [3]. Precious Metals - **期货收盘价**: The 11 - 17 closing prices of AU2512 and AG2512 contracts are 929.46 and 11933 respectively, with changes of -23.74 (-2.49%) and -418 (-3.38%) compared to 11 - 14. The 11 - 17 closing prices of COMEX黄金 and silver主力 contracts are 4045.10 and 50.05 respectively, with changes of -39.30 (-0.96%) and -0.35 (-0.69%) compared to 11 - 14 [5]. - **现货价格**: The 11 - 17 prices of London gold and silver are 4044.51 and 50.18 respectively, with changes of -37.65 (-0.92%) and -0.34 (-0.67%) compared to 11 - 14. The 11 - 17 prices of gold and silver TD are 930.22 and 11970 respectively, with changes of -17.76 (-1.87%) and -356 (-2.89%) compared to 11 - 14 [5]. - **基差**: The values, changes, and historical 1 - year percentiles of “黄金TD - 沪金主力”, “白银TD - 沪银主力” etc. are given. For example, “黄金TD - 沪金主力” is 0.76, with a change from -5.22 and a historical 1 - year percentile of 96.70% [5]. - **比值、利率与汇率、库存与持仓**: Ratios like “COMEX金/银”, “上期所金/银”, interest rates of 10 - year and 2 - year US Treasury bonds, dollar index, and inventory and持仓 data of precious metals are presented with corresponding changes [5]. Container Shipping - **集运指数**: The 11 - 17 values of SCFIS (European route) and SCFIS (US West route) are 1357.67 and 1238.42 respectively, with changes of -147.1 (-9.78%) and -91.3 (-6.87%) compared to 11 - 10. The 11 - 14 values of SCFI综合指数, SCFI (European), and SCFI (US West) etc. are also provided with corresponding changes [7]. - **期货价格及基差**: The 11 - 13 prices of EC2602, EC2604 etc. contracts are presented with changes compared to 11 - 12. The 11 - 13基差(主力) is -125.4, with a change of -11.0 compared to the previous value [7]. - **基本面数据**: Data on global container运力供给, Shanghai port准班率, 港口挂靠情况, monthly出口舍额, overseas economic indicators such as eurozone综合PMI, EU consumer confidence index, US制造业PM指数, and OECD综合领先指标 are provided with their respective changes [7].
《金融》日报-20251117
Guang Fa Qi Huo· 2025-11-17 05:29
Report Industry Investment Rating No relevant content provided. Core View of the Report No explicit core view is presented in the provided reports. The reports mainly offer data on various financial products such as stock index futures, bond futures, precious metals, and container shipping, including prices, price changes, and historical quantiles. Summary by Relevant Catalogs Stock Index Futures Spread Daily Report - **Price and Spread Data**: The report provides current values, changes from the previous day, 1 - year historical quantiles, and all - time historical quantiles for various stock index futures price spreads, including IF, IH, IC, and IM. For example, the IF spot - futures spread is - 27.74, with a 15.60% change from the previous day [1]. - **Cross - variety Ratios**: It also presents cross - variety ratios such as CSI 200/CSI 300, CSI 500/CSI 300, etc., along with their current values, changes, and historical quantiles [1]. Bond Futures Spread Daily Report - **Basis and Spread Data**: The report shows basis data for TS, TF, T, and TL bond futures, including current values, changes from the previous day, and historical quantiles since listing. For instance, the TS basis is 1.3494, with a 0.0020 change from the previous day [2]. - **Cross - period and Cross - variety Spreads**: It provides cross - period spreads (e.g., current quarter - next quarter) and cross - variety spreads (e.g., TS - TF) for different bond futures, along with their values, changes, and historical quantiles [2]. Precious Metals Spot - Futures Daily Report - **Price Data**: The report includes domestic and foreign futures closing prices, spot prices, basis, gold - to - silver ratios, interest rates, exchange rates, inventory, and positions for precious metals (gold and silver). For example, the AU2512 contract closed at 953.20 on November 14, down 0.83% from the previous day [3]. - **Basis and Ratio Changes**: It shows changes in basis and gold - to - silver ratios, such as the gold TD - Shanghai gold main contract basis being - 5.22, with a - 2.67 change [3]. Container Shipping Industry Spot - Futures Daily Report - **Index and Price Data**: The report provides settlement price indices for container shipping (SCFIS for European and US - West routes), Shanghai export container freight rates, futures prices, and basis for container shipping contracts. For example, the SCFIS (European route) settlement price index was 1504.80 on November 10, up 24.50% from November 3 [5]. - **Fundamental Data**: It includes fundamental data such as global container shipping capacity supply, port - related indicators (quasi - on - time rate, port calls), monthly export amounts, and overseas economic indicators (PMI, consumer confidence index) [5].
《金融》日报-20251111
Guang Fa Qi Huo· 2025-11-11 02:43
1. Report Industry Investment Rating - No relevant information provided in the reports. 2. Core Views - The reports present daily data on various futures, including stock index futures, treasury bond futures, precious metal futures, and container shipping futures. They show price changes, spreads, and related market indicators for these futures on November 10 - 11, 2025 [1][2][4][5]. 3. Summary by Related Catalogs Stock Index Futures - **Price Differences**: The reports provide data on the price differences between futures and spot prices, as well as inter - period and cross - variety price differences for IF, IH, IC, and IM futures. For example, the IF period - spot price difference was - 23.05, a change of - 3.66 from the previous day [1]. - **Percentiles**: Historical 1 - year and full - historical percentiles are given for each price difference, which can help investors understand the relative position of current price differences in history. For instance, the historical 1 - year percentile of the IF period - spot price difference was 37.20% [1]. Treasury Bond Futures - **IRR and Basis**: The internal rate of return (IRR) and basis data are provided for TS, TF, T, and TL treasury bond futures. For example, the TS basis was 1.5852, a change of - 0.0211 from the previous day, and the IRR percentile was 25.70% [2]. - **Inter - period and Cross - variety Spreads**: Data on inter - period spreads (e.g., current quarter - next quarter) and cross - variety spreads (e.g., TS - TF) are presented, along with their percentiles since listing [2]. Precious Metal Futures - **Prices**: Domestic and foreign futures closing prices, as well as spot prices, are provided for gold and silver. For example, the AU2512 contract closed at 935.98 yuan/gram on November 10, a rise of 14.72 yuan from November 7 [4]. - **Spreads and Ratios**: The reports show basis spreads, cross - variety ratios, and changes in interest rates and exchange rates. For example, the COMEX gold/silver ratio was 81.81 on November 10, a decrease of 1.30 from the previous value [4]. Container Shipping Futures - **Index and Price**: The settlement price indices of SCFIS for European and US - West routes, as well as the Shanghai Export Container Freight Index (SCFI), are provided. Futures prices and basis spreads for different contracts are also given. For example, the SCFIS (European route) was 1504.80 on November 10, a 24.50% increase from November 3 [5]. - **Fundamentals**: Data on container shipping fundamentals, such as global container shipping capacity supply, port punctuality, and overseas economic indicators, are presented. For example, the global container shipping capacity supply was 3338.60 million TEU on November 10, a marginal increase from the previous day [5].
《金融》日报-20251107
Guang Fa Qi Huo· 2025-11-07 05:49
Report 1: Stock Index Futures Spread Daily Report Core View The report presents the latest values, changes from the previous day, historical 1 - year percentiles, and full - historical percentiles of various stock index futures spreads, including price - spread, inter - period spread, and cross - variety ratio [1]. Summary by Category - **Price - spread**: The positive price - spread is - 22.60 with a change of 8.05. For different varieties like IF, IH, IC, and IM, their price - spreads and changes are detailed, such as IC price - spread being - 99.32 with a change of 22.02 [1]. - **Inter - period spread**: Various inter - period spreads like next - month minus current - month, far - month minus near - month are given for different futures varieties. For example, for IF, the next - month minus current - month is - 13.00 with a change of 1.20 [1]. - **Cross - variety ratio**: Ratios such as CSI 500/CSI 300, IC/IF are presented, along with their changes and percentiles. For instance, the IC/IF ratio is 1.5514 with a change of - 0.0051 [1]. Report 2: Treasury Bond Futures Spread Daily Report Core View The report shows the latest values, changes from the previous trading day, and percentiles since listing of IRR, basis, inter - period spread, and cross - variety spread of different treasury bond futures [2]. Summary by Category - **Basis**: The basis values of TS, TF, T, and TL futures are provided, along with their changes and percentiles. For example, the T basis is 1.8116 with a change of 0.0822 [2]. - **Inter - period spread**: Inter - period spreads like current - quarter minus next - quarter, current - quarter minus far - quarter are detailed for different futures. For example, for TS, the current - quarter minus next - quarter is 0.0480 with a change of 0.0060 [2]. - **Cross - variety spread**: Cross - variety spreads such as TS - TF, TS - T are given. For example, the TS - TF spread is - 3.4690 with a change of 0.0570 [2]. Report 3: Precious Metals Spot - Futures Daily Report Core View The report provides the closing prices of domestic and foreign futures, spot prices, basis, ratio, interest rate, exchange rate, inventory, and position data of precious metals, along with their changes and percentiles [4]. Summary by Category - **Futures and Spot Prices**: Domestic futures closing prices of AU2512 and AG2512, foreign futures closing prices of COMEX gold and silver, and spot prices of London gold and silver, Shanghai Gold Exchange T + D are presented with their changes. For example, the AU2512 contract price is 917.80 with a change of 5.54 [4]. - **Basis**: The basis values of gold and silver in different markets like gold TD - Shanghai gold main contract, London gold - COMEX gold are given, along with their changes and percentiles [4]. - **Ratio**: Ratios such as COMEX gold/silver, Shanghai Futures Exchange gold/silver are provided with their changes [4]. - **Interest Rate and Exchange Rate**: Data on 10 - year US Treasury yield, 2 - year US Treasury yield, etc., and exchange rates like the US dollar index and offshore RMB exchange rate are presented with their changes [4]. - **Inventory and Position**: Inventory data of Shanghai Futures Exchange and COMEX for gold and silver, and position data of ETFs are given with their changes [4]. Report 4: Container Shipping Industry Spot - Futures Daily Report Core View The report offers settlement price indices, futures prices, basis, fundamental data including supply, foreign - trade related indicators, and overseas economic data of the container shipping industry [6]. Summary by Category - **Settlement Price Index**: SCFIS for European and US - West routes, and Shanghai Export Container Freight Index for different routes are presented with their changes. For example, the SCFIS (European route) is 1208.71 with a change of - 104.0 [6]. - **Futures Price and Basis**: Futures prices of different contracts like EC2602, EC2512 (main contract), and the basis of the main contract are given with their changes [6]. - **Fundamental Data**: Global container shipping capacity supply, Shanghai port - related indicators (quasi - punctuality rate, berthing situation), monthly export amount, and overseas economic indicators (euro - zone PMI, EU consumer confidence index) are provided with their changes [6].
广发期货《金融》日报-20251107
Guang Fa Qi Huo· 2025-11-07 05:08
Group 1: Report Industry Investment Rating - No information provided in the reports Group 2: Core Views - The reports present the latest data and changes in the price spreads, basis, and other indicators of stock index futures, treasury bond futures, precious metals futures, and container shipping futures on November 6 - 7, 2025, including price differences, historical quantiles, and percentage changes [1][2][4][6] Group 3: Summaries by Related Catalogs Stock Index Futures - **Price Spreads**: The current - spot price spreads, inter - period price spreads, and cross - period price spreads of IF, IH, IC, and IM are presented, along with their changes from the previous day and historical quantiles. For example, the current - spot price spread of IC is - 99.32, with a change of 22.02 from the previous day [1] - **Cross - Variety Ratios**: Ratios such as CSI 500/CSI 300, IC/IF, etc., are provided, including their values, changes, and historical quantiles [1] Treasury Bond Futures - **Basis**: The basis of TS, TF, T, and TL is presented, including the latest values, changes from the previous day, and historical quantiles. For example, the basis of T is 1.8116, with a change of 0.0822 from the previous day [2] - **Inter - Period Price Spreads**: Inter - period price spreads such as current - next quarter, current - far quarter, etc., are provided, along with their changes and historical quantiles [2] - **Cross - Variety Price Spreads**: Cross - variety price spreads such as TS - TF, TS - T, etc., are presented, including their values, changes, and historical quantiles [2] Precious Metals Futures - **Futures Closing Prices**: Domestic and foreign futures closing prices of gold and silver are provided, including their changes and percentage changes. For example, the AU2512 contract closed at 917.80 yuan/g on November 6, with a 0.61% increase [4] - **Spot Prices**: Spot prices of London gold, London silver, etc., are presented, including their changes and percentage changes [4] - **Basis**: The basis of gold and silver, such as gold TD - Shanghai gold main contract, is provided, along with its changes and historical quantiles [4] - **Ratios**: Ratios such as COMEX gold/silver, SHFE gold/silver are presented, including their values and changes [4] - **Interest Rates and Exchange Rates**: Values, changes, and percentage changes of 10 - year US Treasury yields, 2 - year US Treasury yields, etc., are provided [4] - **Inventory and Positions**: Inventory and position data of gold and silver in SHFE, COMEX, etc., are presented, including their changes and percentage changes [4] Container Shipping Futures - **Index Data**: SCFIS (European and US West routes), SCFI comprehensive index, etc., are provided, including their changes and percentage changes [6] - **Futures Prices and Basis**: Futures prices of EC2602, EC2512 (main contract), etc., and the basis of the main contract are presented, along with their changes and percentage changes [6] - **Fundamental Data**: Data on global container shipping capacity supply, port on - time rates, port calls, monthly export amounts, and overseas economic indicators are provided, including their changes and percentage changes [6]
《金融》日报-20251104
Guang Fa Qi Huo· 2025-11-04 05:53
Group 1: Stock Index Futures Spread Daily Report Report Industry Investment Rating - Not provided Core View - The report presents the latest values, changes from the previous day, historical 1 - year percentiles, and all - time percentiles of stock index futures spreads, including IF, IH, IC, and IM for both spot - futures spreads and inter - period spreads, as well as cross - variety ratios [1]. Summary by Relevant Catalog - **IF Spreads**: IF spot - futures spread is - 18.60, down 9.34 from the previous day, with a 1 - year percentile of 40.90% and an all - time percentile of 24.70%. For inter - period spreads, differences exist among different contract combinations [1]. - **IH Spreads**: IH spot - futures spread is 0.25, down 3.40 from the previous day, with a 1 - year percentile of 57.30% and an all - time percentile of 57.90%. Inter - period spreads also show various values and changes [1]. - **IC Spreads**: IC spot - futures spread is - 94.00, down 5.40 from the previous day, with a 1 - year percentile of 22.50% and an all - time percentile of 4.00%. Inter - period spreads have significant differences in different combinations [1]. - **IM Spreads**: IM spot - futures spread is - 140.12, down 1.64 from the previous day, with a 1 - year percentile of 65.00% and an all - time percentile of 11.30%. Inter - period spreads vary across different contracts [1]. - **Cross - Variety Ratios**: Ratios such as CSI 500/CSI 300, CSI 500/SSE 50, etc., are presented with their latest values, changes, and percentiles [1]. Group 2: Treasury Bond Futures Spread Daily Report Report Industry Investment Rating - Not provided Core View - The report shows the latest values, changes from the previous day, and percentiles since listing of basis, inter - period spreads, and cross - variety spreads of treasury bond futures, including TS, TF, T, and TL [3]. Summary by Relevant Catalog - **Basis**: For TS, TF, T, and TL, the basis values are 1.7072, 1.8596, 1.7662, and 1.3845 respectively on November 3, 2025, with corresponding changes and percentiles [3]. - **Inter - period Spreads**: Each type of treasury bond futures has different inter - period spreads (e.g., current quarter - next quarter, current quarter - far quarter) with their own values, changes, and percentiles [3]. - **Cross - Variety Spreads**: Spreads between different types of treasury bond futures (e.g., TS - TF, TS - T) are presented with their values, changes, and percentiles [3]. Group 3: Precious Metals Spot - Futures Daily Report Report Industry Investment Rating - Not provided Core View - The report provides domestic and foreign futures closing prices, spot prices, basis, FRA, interest rates, exchange rates, inventory, and positions of precious metals (gold and silver), along with their changes and percentiles [4]. Summary by Relevant Catalog - **Domestic Futures**: AU2512 contract closed at 922.58 yuan/gram on November 3, up 0.66 yuan (0.07%) from the previous day. AG2512 contract closed at 11455 yuan/kg, up 14 yuan (0.12%) [4]. - **Foreign Futures**: COMEX gold and silver futures prices decreased on November 3 compared to the previous day, with COMEX gold down 0.62% and COMEX silver down 0.99% [4]. - **Spot Prices**: London gold and silver, and Shanghai Gold Exchange's T + D prices also changed, with London gold down 0.04% and London silver down 1.21% [4]. - **Basis**: The basis of gold TD - Shanghai gold main contract decreased by 1.48, with a 1 - year percentile of 55.80%. The basis of silver TD - Shanghai silver main contract increased by 18, with a 1 - year percentile of 71.40% [4]. - **FRA and Ratios**: COMEX gold/silver ratio increased by 0.37%, while the Shanghai Futures Exchange gold/silver ratio decreased by 0.05% [4]. - **Interest Rates and Exchange Rates**: 10 - year US Treasury yield increased by 0.5%, the US dollar index increased by 1.52%, and the offshore RMB exchange rate decreased by 0.82% [4]. - **Inventory and Positions**: Some inventories decreased, such as COMEX gold inventory down 0.44% and COMEX silver inventory down 0.02%. SPRD gold ETF position decreased by 0.11% [4]. Group 4: Container Shipping Industry Spot - Futures Daily Report Report Industry Investment Rating - Not provided Core View - The report includes spot quotes, container shipping indices, futures prices, basis, and fundamental data of the container shipping industry, showing their changes and related percentage changes [6]. Summary by Relevant Catalog - **Spot Quotes**: Spot freight rates from Shanghai to Europe of different shipping companies changed on November 4, 2025. For example, MAERSK increased by 8.81%, while CMA decreased by 0.58% [6]. - **Container Shipping Indices**: SCFIS (European route) decreased by 7.92%, while SCFIS (US West route) increased by 14.43%. Shanghai Export Container Freight Index also had different changes in different routes [6]. - **Futures Prices and Basis**: All futures contracts of EC series increased on November 3 compared to the previous day. The basis of the main contract (EC2512) decreased by 12.4 (4.73%) [6]. - **Fundamental Data**: Global container shipping capacity supply remained unchanged. Port on - time rate in Shanghai increased by 133.59%, while port calls decreased by 9.59%. Monthly export volume increased by 2.15%. Overseas economic indicators also changed, such as the eurozone's composite PMI increasing by 1.95% [6].
《金融》日报-20251029
Guang Fa Qi Huo· 2025-10-29 01:56
Group 1: Stock Index Futures Spread - The report presents the price spread data of various stock index futures on October 29, 2025, including IF, IH, IC, and IM. It shows the changes compared to the previous day, the latest values, and the historical quantiles [1]. - For example, the IF spot - futures spread is -22.37, with a historical 1 - year quantile of 37.20% and an all - time quantile of 63.50% [1]. - The report also provides cross - period spreads and cross - variety ratios for different stock index futures [1]. Group 2: Treasury Bond Futures Spread - On October 29, 2025, the report shows the basis, cross - period spreads, and cross - variety spreads of Treasury bond futures such as TS, TF, T, and TL [2]. - For instance, the TS basis is 1.5509, with a change of -0.0241 compared to the previous day and a 24.00% percentile since listing [2]. - The cross - period spreads and cross - variety spreads are also presented with their respective changes and historical quantiles [2]. Group 3: Precious Metals Spot - Futures - On October 29, 2025, the report details the domestic and foreign futures closing prices, spot prices, basis, ratios, interest rates, exchange rates, and inventory positions of precious metals [4]. - Domestic AU2512 and AG2512 contracts decreased by -3.51% and -3.03% respectively compared to the previous day [4]. - The COMEX gold futures decreased by -0.72%, while the COMEX silver futures increased by 0.66% [4]. Group 4: Container Shipping Industry Spot - Futures - The report on October 29, 2025, covers the spot quotes, container shipping indices, futures prices, basis, and fundamental data of the container shipping industry [6]. - Some shipping companies' spot rates like MAERSK, ONE, and EMC increased, while CMA decreased [6]. - The SCFIS (European and US - West routes) and SCFI indices all showed significant increases [6]. - Fundamental data includes changes in global container capacity supply, port - related indicators, export amounts, and overseas economic data [6].
《金融》日报-20251027
Guang Fa Qi Huo· 2025-10-27 03:12
1. Report Industry Investment Rating No information provided in the given reports. 2. Report Core Views No explicit core views are presented in the reports. The reports mainly provide data on various financial products such as stock index futures spreads, bond futures spreads, precious metals, and container shipping, including the latest values, changes from the previous day, historical quantiles, etc. 3. Summary According to Relevant Catalogs 3.1 Stock Index Futures Spreads - **Futures - Spot Spreads**: For example, the F futures - spot spread is -0.34 with a 1 - year historical quantile of 32.70%, and the IC futures - spot spread is -98.73 with a 1 - year historical quantile of 19.20% [1]. - **Inter - delivery Spreads**: Such as the difference between the next - month and current - month contracts, e.g., for F, the next - month minus current - month is -13.60 with a 1 - year historical quantile of 30.30% [1]. - **Cross - Variety Ratios**: For instance, the IC/IF ratio is 1.5448 with a 1 - year historical quantile of 85.20% [1]. 3.2 Bond Futures Spreads - **Basis**: On October 24, 2025, the TS basis is 1.2902 with a 1 - year historical quantile of 12.50%, and the TF basis is 1.5400 with a 1 - year historical quantile of 40.10% [2]. - **Inter - delivery Spreads**: For example, the difference between the current - quarter and next - quarter contracts for T is 0.3300 with a 1 - year historical quantile of 43.60% [2]. - **Cross - Variety Spreads**: On October 24, 2025, the TS - TF spread is -3.2830 with a 1 - year historical quantile of 12.80% [2]. 3.3 Precious Metals - **Futures and Spot Prices**: On October 24, 2025, the AU2512 contract closed at 938.10, down -0.44% from the previous day, and the COMEX gold主力 contract closed at 4126.90, down -0.39% [3]. - **Basis**: The gold TD - Shanghai gold主力 basis is -2.77 with a 1 - year historical quantile of 44.50%, and the silver TD - Shanghai silver主力 basis is -15 with a 1 - year historical quantile of 67.80% [3]. - **Price Ratios**: The COMEX gold/silver ratio is 85.25, up 0.10% from the previous day, and the Shanghai Futures Exchange gold/silver ratio is 82.78, up 0.74% [3]. - **Interest Rates and Exchange Rates**: The 10 - year US Treasury yield is 4.02, up 0.2% from the previous day, and the US dollar index is 98.94, up 0.01% [3]. - **Inventory and Holdings**: The Shanghai Futures Exchange gold inventory is 87015 kg, unchanged from the previous day, and the COMEX gold inventory is 38877087, down -0.21% [3]. 3.4 Container Shipping - **Spot Quotes**: On October 27, 2025, the MAERSK price for Shanghai - Europe in the next 6 weeks is 2364 dollars/FEU, down -0.38% from the previous day, and the CMA CGM price is 3425 dollars/FEU, up 3.54% [4]. - **Shipping Indexes**: The SCFIS (European route) settlement price index on October 20 is 1140.38 points, up 10.52% from October 13, and the SCFIS (US West route) is 863.46 points, up 0.11% [4]. - **Futures Prices and Basis**: On October 24, 2025, the EC2602 contract is 1601.0, up 1.20% from the previous day, and the basis of the main contract is -368.6, down 8.89% [4]. - **Fundamentals**: The global container shipping capacity supply on October 27 is 3327.99 million TEU, unchanged from the previous day. The port punctuality rate in Shanghai in August is 42.77, up 133.59% from the previous month [4].
《金融》日报-20251017
Guang Fa Qi Huo· 2025-10-17 04:03
Report 1: Stock Index Futures Spread Daily Report Core View - Presents the latest values, historical 1 - year and full - history percentiles, and changes compared to the previous day of various stock index futures spreads (including inter - period spreads and basis spreads) on October 17, 2025 [1]. Summary by Relevant Catalog - **Basis Spreads**: For example, the IF basis spread is - 0.20, the IC basis spread is - 169.53, and the IM basis spread is - 196.84. Different contracts have corresponding basis spread values and percentile data [1]. - **Inter - period Spreads**: Such as the "next month - current month", "quarter month - current month", etc. Each spread has its own latest value, change, and percentile information [1]. Report 2: Treasury Bond Futures Spread Daily Report Core View - Displays the latest values, changes compared to the previous trading day, and percentiles since listing of various spreads (including basis spreads and inter - period spreads) of Treasury bond futures on October 17, 2025 [2]. Summary by Relevant Catalog - **Basis Spreads**: The TS basis is - 0.0217, the TF basis is 1.5010, the T basis is 1.6211, and the TL basis is 0.1552, with corresponding percentile and change data [2]. - **Inter - period Spreads**: Different inter - period spreads like "current quarter - next quarter", "next quarter - far quarter" have their values, changes, and percentiles [2]. - **Cross - variety Spreads**: Spreads such as TS - TF, TS - T, etc. are presented with their data [2]. Report 3: Precious Metals Spot - Futures Daily Report Core View - Provides the closing prices of domestic and foreign precious metals futures, spot prices, basis spreads, ratios, interest rates, exchange rates, inventory, and positions on October 17, 2025 [3]. Summary by Relevant Catalog - **Futures and Spot Prices**: Domestic AU2512 contract closed at 966.42, and foreign COMEX gold closed at 4344.30. Spot London gold was at 4326.48, etc., with corresponding price changes and percentage changes [3]. - **Basis Spreads**: Gold TD - Shanghai gold main contract basis is 0.87, and silver TD - Shanghai silver main contract basis is - 36, with historical 1 - year percentile data [3]. - **Ratios, Interest Rates, and Exchange Rates**: Ratios like COMEX gold/silver, and interest rates of 10 - year and 2 - year US Treasury bonds, as well as the US dollar index and offshore RMB exchange rate are provided [3]. - **Inventory and Positions**: Information on inventories of Shanghai Futures Exchange and COMEX, and positions of ETFs are given [3]. Report 4: Container Shipping Industry Spot - Futures Daily Report Core View - Shows the spot quotes, container shipping indices, futures prices, basis spreads, and fundamental data of the container shipping industry on October 17, 2025 [4]. Summary by Relevant Catalog - **Spot Quotes**: Spot quotes of shipping routes from Shanghai to Europe by different shipping companies (e.g., MAERSK, CMA) are presented with price changes and percentage changes [4]. - **Container Shipping Indices**: Settlement price indices of European and US - West routes, and Shanghai export container freight indices have corresponding price changes and percentage changes [4]. - **Futures Prices and Basis Spreads**: Futures prices of different contracts (e.g., EC2602, EC2604) and the basis spread of the main contract are provided [4]. - **Fundamental Data**: Data on global container shipping capacity supply, port - related indicators in Shanghai, monthly export amounts, and overseas economic indicators are presented [4].
《金融》日报-20251013
Guang Fa Qi Huo· 2025-10-13 03:24
Group 1: Stock Index Futures Spread Daily Report Core View The report presents the latest values, changes from the previous day, historical 1-year percentiles, and all-time percentiles of various stock index futures spreads on October 13, 2025 [1]. Summary by Category - **IF Spreads**: The IF spot-futures spread was -4.35, up 30.70% from the previous day, with a 1-year percentile of 18.00%. Different inter - delivery spreads also showed various changes and percentiles [1]. - **IH Spreads**: Information on IH spreads including spot - futures and inter - delivery spreads was provided, such as the spot - futures spread being 0.95, down 4.46 from the previous day, with a 1 - year percentile of 59.40% [1]. - **IC Spreads**: The IC spot - futures spread was 0.90, down 132.22 from the previous day, with a 1 - year percentile of 5.30%. Inter - delivery spreads had their own values, changes, and percentiles [1]. - **IM Spreads**: The IM spot - futures spread was -193.42, up 5.03 from the previous day. Its inter - delivery spreads also had corresponding data [1]. - **Cross - Variety Ratios**: Ratios like CSI 500/CSI 300, CSI 500/SSE 50, etc., were presented with their latest values, changes, and percentiles [1]. Group 2: Treasury Bond Futures Spread Daily Report Core View The report shows the latest values, changes from the previous trading day, and percentiles since listing of various treasury bond futures spreads and basis on October 13, 2025 [2]. Summary by Category - **Basis**: TS basis was 1.3657, up 0.0017 from the previous day, with a percentile of 15.10%. TF, T, and TL bases also had their respective values, changes, and percentiles [2]. - **Inter - Delivery Spreads**: Different inter - delivery spreads for TS, TF, T, and TL futures contracts were reported, such as the TS current - quarter to next - quarter spread being 0.0180, down 0.0240 from the previous day, with a percentile of 23.60% [2]. - **Cross - Variety Spreads**: Spreads like TS - TF, TS - T, etc., were presented with their values, changes, and percentiles [2]. Group 3: Precious Metals Spot - Futures Daily Report Core View The report provides the closing prices of domestic and foreign precious metals futures, spot prices, basis, ratios, interest rates, exchange rates, inventory, and positions on October 13, 2025 [4]. Summary by Category - **Domestic Futures Closing Prices**: The AU2512 contract closed at 901.56, down 12.76 (-1.40%) from the previous day. The AG2512 contract closed at 11082, down 87 (-0.78%) [4]. - **Foreign Futures Closing Prices**: The COMEX gold main contract closed at 4035.50, up 44.40 (1.11%) from the previous day. The COMEX silver main contract closed at 47.52, down 0.14 (-0.29%) [4]. - **Spot Prices**: London gold was at 4017.85, up 41.90 (1.05%) from the previous day. London silver was at 50.13, up 0.92 (1.87%) [4]. - **Basis**: The gold TD - SHFE gold main contract basis was -3.82, down 0.88 from the previous day, with a 1 - year percentile of 21.20%. The silver TD - SHFE silver main contract basis was -23, down 30 from the previous day, with a 1 - year percentile of 44.50% [4]. - **Ratios**: The COMEX gold/silver ratio was 84.93, up 1.18 (1.41%) from the previous day. The SHFE gold/silver ratio was 81.35, down 0.51 (-0.62%) [4]. - **Interest Rates and Exchange Rates**: The 10 - year US Treasury yield was 4.05, down 0.09 (-2.2%) from the previous day. The US dollar index was 98.82, down 0.58 (-0.59%) [4]. - **Inventory and Positions**: The SHFE gold inventory was 70728, unchanged from the previous day. The SHFE silver inventory was 1169061 kg, down 17785 kg (-1.50%) [4]. Group 4: Shanghai Export Container Freight Index Report Core View The report presents spot freight rates, futures prices, basis, and fundamental data of the Shanghai export container shipping industry on October 13, 2025 [8]. Summary by Category - **Spot Freight Rates**: SCFI (Europe) was 1068 dollars/TEU, up 97.0 (9.99%) from the previous day. SCFI (US West) was 1468 dollars/FEU, up 8.0 (0.55%) [8]. - **Futures Prices and Basis**: The EC2602 contract was 1338.0, down 68.0 (-4.84%) from the previous day. The basis of the main contract was -202.1, down 45.1 (28.72%) [8]. - **Fundamental Data**: The global container shipping capacity supply was 3319.85 million TEU, unchanged from the previous day. The port punctuality rate in Shanghai was 42.77%, up 24.46 percentage points (133.59%) from the previous month [8]. Group 5: Container Shipping Industry Spot - Futures Daily Report Core View The report gives the spot quotes and the change of the SCFI composite index in the container shipping industry on October 13, 2025 [11]. Summary by Category - **Spot Quotes**: The SCFI composite index was 1114.52 points, up 45.9 (4.12%) from the previous day [11].