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大类资产早报-20250827
Yong An Qi Huo· 2025-08-27 05:21
Global Asset Market Performance - The 10-year government bond yields of major economies on August 26, 2025, showed various values and changes. For example, the US was 4.262 with a latest change of -0.014, a one - week change of -0.045, a one - month change of -0.059, and a one - year change of 0.378 [2]. - The 2 - year government bond yields also had different figures. The US 2 - year yield on August 26, 2025, was 3.680 with a latest change of -0.110, a one - week change of -0.070, a one - month change of -0.080, and a one - year change of -0.260 [2]. - The exchange rates of the US dollar against major emerging economies' currencies on August 26, 2025, had different changes. For the Brazilian real, the latest change was 0.37% and the one - week change was -1.34% [2]. - Major economies' stock indices had different performances on August 26, 2025. The S&P 500 closed at 6465.940 with a latest change of 0.41%, a one - week change of 0.85%, a one - month change of 1.49%, and a one - year change of 16.41% [2]. - Credit bond indices showed different changes. The US investment - grade credit bond index had a latest change of 0.04%, a one - week change of 0.25%, a one - month change of 0.86%, and a one - year change of 4.11% [2][3]. Stock Index Futures Trading Data - Index performances: A - shares closed at 3868.38 with a decline of 0.39%. The PE (TTM) of the S&P 500 was 27.49 with a环比 change of 0.11 [4]. - Fund flows: The latest value of A - share fund flow was -952.90, and the near 5 - day mean was -305.08 [4]. - Transaction amounts: The latest value of the Shanghai and Shenzhen stock exchanges' transaction amount was 26790.20 with a环比 change of -4621.17 [4]. - Main contract basis and spreads: The basis of IF was -3.59 with a spread of -0.08% [4]. Treasury Bond Futures Trading Data - Treasury bond futures: T00 closed at 108.185 with a rise of 0.21%, and TF00 closed at 105.620 with a rise of 0.11% [5]. - Fund rates: R001 was 1.3596% with a daily change of -20.00 BP [5].
大类资产早报-20250826
Yong An Qi Huo· 2025-08-26 15:02
Report Summary 1. Report Industry Investment Rating - Not provided in the given content 2. Core Viewpoints - The report comprehensively presents the performance of global asset markets on August 25, 2025, including the yields of 10 - year and 2 - year government bonds of major economies, exchange rates of the US dollar against major emerging - economy currencies, stock indices of major economies, stock index futures trading data, government bond futures trading data, and money market conditions [2][3][4] 3. Summary by Relevant Catalogs Global Asset Market Performance - **Government Bond Yields**: - **10 - year government bonds**: Yields and their changes (latest, weekly, monthly, and yearly) of 10 - year government bonds in major economies such as the US, UK, France, etc. are presented. For example, the US 10 - year government bond yield on August 25, 2025, was 4.276, with a latest change of 0.021, a weekly change of - 0.058, a monthly change of - 0.136, and a yearly change of 0.362 [2] - **2 - year government bonds**: Yields and their changes of 2 - year government bonds in major economies like the US, UK, Germany, etc. are provided. For instance, the US 2 - year government bond yield on August 25, 2025, was 3.790, with a latest change of 0.050, a weekly change of 0.050, a monthly change of 0.070, and a yearly change of - 0.140 [2] - **Exchange Rates**: - **US dollar against emerging - economy currencies**: Exchange rates and their percentage changes of the US dollar against currencies of emerging economies such as Brazil, Russia, South Africa, etc. are shown. For example, the US dollar - Brazilian real exchange rate on August 25, 2025, was 5.412, with a latest change of - 0.26%, a weekly change of - 0.45%, a monthly change of - 3.17%, and a yearly change of - 1.31% [2] - **Renminbi**: Exchange rates and their percentage changes of on - shore RMB, off - shore RMB, RMB central parity rate, and RMB 12 - month NDF are presented. For example, the on - shore RMB exchange rate on August 25, 2025, was 7.154, with a latest change of - 0.19%, a weekly change of - 0.44%, a monthly change of - 0.35%, and a yearly change of - 0.29% [2] - **Stock Indices**: - **Major economies**: Stock indices and their percentage changes of major economies such as the US (S&P 500, Dow Jones, Nasdaq), UK, France, etc. are given. For example, the S&P 500 index on August 25, 2025, was 6439.320, with a latest change of - 0.43%, a weekly change of - 0.15%, a monthly change of 0.78%, and a yearly change of 16.17% [2] - **Emerging economies**: Stock indices and their percentage changes of emerging economies such as Russia, Japan, Hong Kong, etc. are provided. For example, the Hang Seng Index on August 25, 2025, was 25829.910, with a latest change of 1.94%, a weekly change of 2.59%, a monthly change of 1.05%, and a yearly change of 50.97% [2] - **Credit Bond Indices**: - Yields and their percentage changes of investment - grade and high - yield credit bond indices in the US, eurozone, and emerging economies are presented. For example, the US investment - grade credit bond index on August 25, 2025, was 3463.860, with a latest change of - 0.08%, a weekly change of 0.37%, a monthly change of 1.36%, and a yearly change of 4.30% [2] Stock Index Futures Trading Data - **Index Performance**: Closing prices and percentage changes of A - shares, CSI 300, SSE 50, ChiNext, and CSI 500 are provided. For example, the closing price of A - shares was 3883.56, with a percentage change of 1.51% [3] - **Valuation**: PE(TTM) and their环比 changes of CSI 300, SSE 50, CSI 500, S&P 500, and German DAX are presented. For example, the PE(TTM) of CSI 300 was 13.97, with a环比 change of 0.00 [3] - **Risk Premium**: 1/PE - 10 - year interest rate and their环比 changes of S&P 500 and German DAX are given. For example, the 1/PE - 10 - year interest rate of S&P 500 was - 0.62, with a环比 change of - 0.01 [3] - **Fund Flow**: Latest values and 5 - day average values of fund flows in A - shares, main board, SME board, ChiNext, and CSI 300 are provided. For example, the latest value of A - share fund flow was - 177.24, and the 5 - day average value was - 340.99 [3] - **Trading Volume**: Latest values and环比 changes of trading volumes in Shanghai and Shenzhen stock markets, CSI 300, SSE 50, SME board, and ChiNext are presented. For example, the latest trading volume of Shanghai and Shenzhen stock markets was 31411.37, with a环比 change of 5944.27 [3] - **Main Contract Premium/Discount**: Basis and percentage basis of IF, IH, and IC are given. For example, the basis of IF was 5.38, with a percentage basis of 0.12% [3] Government Bond Futures Trading Data - Closing prices and percentage changes of government bond futures T00, TF00, T01, and TF01 are provided. For example, the closing price of T00 was 108.145, with a percentage change of 0.00% [4] - **Money Market**: - **Funding Rates**: R001, R007, and SHIBOR - 3M and their daily changes (in basis points) are presented. For example, R001 was 1.3901%, with a daily change of - 9.00 basis points [4] - **Big - Category Asset Morning Report**: Values and percentage changes of big - category assets on August 25, 2025, are provided. For example, the value was 1602.450, with a latest change of 0.31% [7]
DLS MARKETS外汇:美联储独立性遭挑战,如何布局金银技术行情?
Sou Hu Cai Jing· 2025-08-26 08:05
Group 1 - The core event involves President Trump signing a document to dismiss Federal Reserve Governor Cook, marking a significant challenge to the independence of the Federal Reserve [1] - This unprecedented action is viewed as a potential financial risk signal, possibly leading to legal disputes and uncertainty in central bank policy decisions and market expectations [1] - The immediate market reaction saw the US dollar index drop nearly 30 points, reflecting concerns over the Federal Reserve's independence and increasing expectations for future interest rate cuts [3] Group 2 - Gold prices surged over $20 shortly after the news, demonstrating its role as a traditional safe-haven asset amid market uncertainty [3] - Technical analysis indicates that gold shows a strong upward trend in the long term, while short-term charts suggest a consolidation phase, advising traders to be cautious [3] - Silver also displays positive technical indicators, with key resistance at $38.80-$39.00 and support around $37.50, suggesting potential for upward movement if resistance is broken [3][4] Group 3 - The event has caused immediate and noticeable impacts on financial markets, leading to structural differentiation where the dollar is under pressure while precious metals like gold and silver rise due to safe-haven demand [4] - Investors are advised to consider both the political risks and technical analysis when setting trading strategies, focusing on key support and resistance levels [4] - The market is currently processing the uncertainties brought by this rare event, emphasizing the need for caution and attention to technical signals and market sentiment changes [4]
威尔鑫点金·׀鲍威尔鹰调转鸽声 美元飞流直下金价旱地拔葱
Sou Hu Cai Jing· 2025-08-25 01:24
Core Viewpoint - The recent speech by Federal Reserve Chairman Jerome Powell at the Jackson Hole Global Central Bank Conference has shifted market sentiment, leading to a significant drop in the US dollar and a corresponding rise in gold prices, indicating a potential change in monetary policy direction [4][9][10]. Market Performance - On Friday, the international spot gold price opened at $3338.40, reaching a high of $3378.52 and a low of $3321.19, closing at $3371.69, an increase of $33.36 or 1.00% [1]. - The US dollar index opened at 98.63, peaked at 98.83, dipped to 97.54, and closed at 97.72, down 0.95% [3]. - The Wellxin precious metals index opened at 6900.60, peaked at 7035.63, dipped to 6841.03, and closed at 6991.27, up 1.31% [4]. Federal Reserve Insights - Powell's speech indicated a potential adjustment in the Fed's policy stance, suggesting that the door for a rate cut in September is now open, contrasting with previous expectations of no cuts [9][10]. - The labor market is showing signs of significant slowdown, which raises the risk of job losses, prompting considerations for economic stimulus [9][10]. - Powell noted that inflation risks are tilted upward in the short term, but he emphasized that the Fed would not allow temporary price increases to evolve into a persistent inflation problem [10]. Technical Analysis - The dollar index is currently in a mid-term bearish trend, with recent attempts to break through key moving averages failing, indicating potential further declines [12]. - The latest net positioning in the dollar futures market shows a net short position of $46.7382 billion, indicating a shift in market sentiment towards bearishness on the dollar [14]. - Gold prices are influenced by macro technical patterns, with significant resistance and support levels identified for future movements [16][19]. Fund Flows and Holdings - The latest data shows that the largest gold ETF, SPDR Gold Trust, has a holding of 956.77 tons, valued at $1.031 billion, down from 965.37 tons the previous week [25]. - The largest silver ETF, iShares Silver Trust, reported a holding of 15,288.82 tons, valued at $188.86 million, an increase from 15,071.31 tons [25].
人民银行、国家外汇局:提高外汇市场基础设施管理和服务能力
Xin Hua Cai Jing· 2025-08-22 09:34
Core Viewpoint - The People's Bank of China and the State Administration of Foreign Exchange have drafted the "Interbank Foreign Exchange Market Management Regulations (Draft for Comments)" to enhance regulation and promote the foreign exchange market's service to the real economy [1] Group 1: Regulatory Enhancements - The draft aims to improve the management and service capabilities of foreign exchange market infrastructure [1] - It specifies the responsibilities, collaboration mechanisms, abnormal handling, and information reporting requirements for interbank foreign exchange market infrastructure [1] - The infrastructure is tasked with managing trading and clearing qualifications and fulfilling supervisory responsibilities [1] Group 2: Market Development - The draft emphasizes the need to enhance the forward-looking nature of foreign exchange market management [1] - It proposes to continuously enrich trading varieties and currencies based on market demand, providing data services according to market principles [1] - The regulations aim to standardize the behavior of financial information service providers in distributing data [1]
大类资产早报-20250822
Yong An Qi Huo· 2025-08-22 02:14
1. Report Industry Investment Rating - No relevant content provided 2. Core Viewpoints of the Report - No explicit core viewpoints are presented in the given content 3. Summary by Related Catalogs Global Asset Market Performance - **10 - Year Treasury Yields of Major Economies**: On August 21, 2025, the 10 - year Treasury yields in the US, UK, France, etc. were 4.329, 4.729, 3.461 respectively. The latest changes, weekly changes, monthly changes, and annual changes varied across countries. For example, the US had a latest change of 0.037, a weekly change of 0.043, a monthly change of - 0.069, and an annual change of 0.485 [3] - **2 - Year Treasury Yields of Major Economies**: On August 21, 2025, the 2 - year Treasury yields in the US, UK, Germany, etc. were 3.750, 3.966, 1.969 respectively. The latest changes, weekly changes, monthly changes, and annual changes also differed. For instance, the US had a latest change of - 0.020, a weekly change of 0.030, a monthly change of 0.030, and an annual change of - 0.300 [3] - **Exchange Rates of the US Dollar against Major Emerging Economies' Currencies**: On August 21, 2025, the exchange rates against the Brazilian real, Russian ruble, South African rand, etc. were 5.476, - (not available), 17.718 respectively. The latest changes, weekly changes, monthly changes, and annual changes showed different trends. For example, against the Brazilian real, the latest change was - 0.12%, the weekly change was 1.08%, the monthly change was - 0.81%, and the annual change was 0.37% [3] - **Stock Indices of Major Economies**: On August 21, 2025, the Dow Jones, S&P 500, NASDAQ, etc. had values of 6370.170, 44785.500, 21100.310 respectively. The latest changes, weekly changes, monthly changes, and annual changes varied. For example, the Dow Jones had a latest change of - 0.40%, a weekly change of - 1.52%, a monthly change of 17.22%, and an annual change not fully shown [3] - **Credit Bond Indices**: The emerging economies' investment - grade and high - yield credit bond indices, US investment - grade and high - yield credit bond indices, and euro - zone investment - grade and high - yield credit bond indices had different latest changes, weekly changes, monthly changes, and annual changes. For example, the emerging economies' investment - grade credit bond index had a latest change of - 0.26%, a weekly change of - 0.27%, a monthly change of 1.00%, and an annual change of 3.91% [3][4] Stock Index Futures Trading Data - **Index Performance**: The A - share, CSI 300, SSE 50, ChiNext, and CSI 500 had closing prices of 3771.10, 4288.07, 2862.18, 2595.47, and 6704.17 respectively on the reporting date, with corresponding percentage changes in price [5] - **Valuation**: The PE (TTM) of CSI 300, SSE 50, CSI 500, S&P 500, and German DAX were 13.73, 11.71, 32.02, 27.00, and 20.07 respectively, with corresponding环比 changes [5] - **Risk Premium**: The risk premium of S&P 500 and German DAX were - 0.63 and 2.23 respectively, with corresponding环比 changes [5] - **Fund Flow**: The latest values and 5 - day average values of fund flow in A - shares, main board, small and medium - sized enterprise board, ChiNext, and CSI 300 were presented. For example, the latest value of A - share fund flow was - 1351.53, and the 5 - day average was - 312.50 [5] - **Trading Volume**: The latest trading volumes and环比 changes of the Shanghai and Shenzhen stock markets, CSI 300, SSE 50, small - cap board, and ChiNext were given. For example, the latest trading volume of the Shanghai and Shenzhen stock markets was 24240.57, with a环比 change of 158.23 [5] - **Main Contract Premium or Discount**: The basis and percentage of basis for IF, IH, and IC were - 5.87 (- 0.14%), 3.22 (0.11%), and - 47.77 (- 0.71%) respectively [5] Treasury Bond Futures Trading Data - The closing prices of T00, TF00, T01, and TF01 were 108.000, 105.500, 107.875, and 105.450 respectively, with corresponding percentage changes in price [6] - The R001, R007, and SHIBOR - 3M had values of 1.5143%, 1.5356%, and 1.5500% respectively, with daily changes in basis points [6]
贵金属早报-20250822
Yong An Qi Huo· 2025-08-22 01:26
Group 1: Price Performance - The latest prices of London Gold, London Silver, London Platinum, London Palladium, WTI Crude Oil, and LME Copper are 3344.65, 37.08, 1347.00, 1127.00, 62.71, and 9699.00 respectively, with changes of 0.00, 0.00, 0.00, 0.00, 0.00, and -11.00 [2] - The latest values of the US Dollar Index, Euro to US Dollar, British Pound to US Dollar, US Dollar to Japanese Yen, and US 10 - year TIPS are 98.24, 1.17, 1.35, 147.31, and 1.94 respectively, with changes of 0.00, 0.00, 0.00, 0.00, 0.00 [2] Group 2: Trading Data - The latest COMEX silver inventory is 15816.09 with no change, the latest SHFE silver inventory is 1115.06 with a change of -25.14, the latest gold ETF holding is 958.21 with no change, the latest silver ETF holding is 15305.76 with no change, the latest SGE silver inventory is 1368.95 with no change, the SGE silver deferred - fee payment direction is 1, and the SGE gold deferred - fee payment direction is 2 [3]
大类资产早报-20250820
Yong An Qi Huo· 2025-08-20 01:27
Report Summary 1. Report Industry Investment Rating - No information provided in the content 2. Core Viewpoints - The report presents the performance data of global asset markets on August 19, 2025, including major economies' 10 - year and 2 - year treasury bond yields, dollar exchange rates against major emerging economies' currencies, major economies' stock indices, stock futures trading data, and treasury futures trading data [3][5][6] 3. Summary by Relevant Catalogs Global Asset Market Performance - **Treasury Bond Yields**: - **10 - year Treasury Bond Yields**: On August 19, 2025, the 10 - year treasury bond yields of the US, UK, France, etc. were 4.307%, 4.739%, 3.435% respectively. The latest, weekly, monthly, and yearly changes varied across different economies. For example, the US had a latest change of - 0.027, a weekly change of 0.016, a monthly change of - 0.039, and a yearly change of 0.366 [3] - **2 - year Treasury Bond Yields**: The 2 - year treasury bond yields of the US, UK, Germany, etc. were 3.750%, 3.975%, 1.955% respectively on August 19, 2025. Their latest, weekly, monthly, and yearly changes also differed. For instance, the US had a latest change of 0.010, a weekly change of - 0.010, a monthly change of 0.060, and a yearly change of - 0.250 [3] - **Exchange Rates**: - **Dollar against Emerging Economies' Currencies**: On August 19, 2025, the dollar - to - Brazilian real exchange rate was 5.506, with a latest change of 1.28% and a weekly change of 2.17%. The exchange rates and their changes against other emerging economies' currencies also varied [3] - **Renminbi**: The on - shore, off - shore, mid - price, and 12 - month NDF of the renminbi on August 19, 2025 were 7.182, 7.187, 7.136, and 7.026 respectively, with different latest, weekly, monthly, and yearly changes [3] - **Stock Indices**: - **Major Economies' Stock Indices**: On August 19, 2025, the S&P 500, Dow Jones Industrial Average, and NASDAQ were 6411.370, 44922.270, and 21314.950 respectively. Their latest, weekly, monthly, and yearly changes were different. For example, the S&P 500 had a latest change of - 0.59%, a weekly change of - 0.53%, a monthly change of 1.61%, and a yearly change of 19.97% [3] - **Other Stock Indices**: The performance of other stock indices such as the Nikkei, Hang Seng Index, and Shanghai Composite Index also had their own characteristics in terms of latest, weekly, monthly, and yearly changes [3] Stock Futures Trading Data - **Index Performance**: The closing prices of A - shares, CSI 300, SSE 50, etc. were 3727.29, 4223.37, 2812.42 respectively on August 19, 2025, with corresponding percentage changes [5] - **Valuation**: The PE (TTM) of CSI 300, SSE 50, and CSI 500 were 13.53, 11.50, and 31.78 respectively, with their respective环比 changes [5] - **Fund Flow**: The latest values of fund flow for A - shares, the main board, etc. were - 1132.47, - 717.50 respectively, and the 5 - day average values also varied [5] - **Trading Volume**: The latest trading volumes of the Shanghai and Shenzhen stock markets, CSI 300, etc. were 25883.69, 5535.36 respectively, with corresponding环比 changes [5] - **Main Contract Premium/Discount**: The basis of IF, IH, and IC were - 7.17, 2.98, - 55.31 respectively, with corresponding percentage changes [5] Treasury Futures Trading Data - **Closing Prices and Percentage Changes**: The closing prices of treasury futures T00, TF00, T01, TF01 were 108.055, 105.540, 107.950, 105.475 respectively on August 19, 2025, with percentage changes of - 0.26%, - 0.19%, - 0.30%, - 0.27% respectively [6] - **Funding Rates**: The R001, R007, and SHIBOR - 3M were 1.5473%, 1.5581%, 1.5500% respectively, with daily changes of 5.00BP, 6.00BP, 0.00BP respectively [6]
智昇黄金原油分析:美俄谈判无果 多方博弈激烈
Sou Hu Cai Jing· 2025-08-19 10:08
来源:智昇财论 黄金方面:美国与俄罗斯的初步谈判已经结束,与市场预期基本一致,根本矛盾使得双方的谈判并未取 得实质性成果。双方实际谈判时间远超预期的5-6小时,随后俄罗斯总统快速离开,表明了对美国的不 信任,同时传递出信息:不愿按照美国的节奏行事。 原油方面:隔夜油价整体以震荡为主,多头虽有反击但力度较弱,操作上建议顺势高空为主。目前原油 基本面持续恶化,供需矛盾突出,在此背景下,油价很可能长期疲弱。 原油供应增加的预期也加大了油价的下行压力,美国能源信息署发布的月度短观能源展望报告显示,由 于油井生产率的提高,2025年美国页岩油产量将达到创纪录的1341万桶/日,较此前预期上调4万桶。此 外,OPEC月报显示,OPEC+7月原油产量增加33.5万桶至4194万桶/日,但该产量增长幅度低于此前 OPEC+8国达成的产量恢复协议。库存方面,美国原油库存增加也利空油价,EIA数据显示,截至8月8 日当周,包括战略储备在内的美国原油库存总量较一周前增加326.3万桶至8.299亿桶,美国商业原油库 存量较一周前增加303.7万桶至4.26698亿桶。 技术面:原油日线有冲击长期均线的动作,但明显上攻动能较弱,长期 ...
大类资产早报-20250819
Yong An Qi Huo· 2025-08-19 01:35
Report Summary 1. Report Industry Investment Rating No information provided. 2. Core Viewpoints No information provided. 3. Summary by Relevant Catalogs Global Asset Market Performance - **10 - Year Treasury Yields**: On August 18, 2025, the 10 - year Treasury yields in the US, UK, France, etc. were 4.334%, 4.737%, 3.447% respectively. The latest changes ranged from - 0.033 (Italy) to 0.041 (UK), weekly changes from - 0.004 (Japan) to 0.173 (UK), monthly changes from - 0.126 (Switzerland) to 0.155 (France), and annual changes from - 0.274 (Japan) to 0.760 (UK) [2]. - **2 - Year Treasury Yields**: On August 18, 2025, the 2 - year Treasury yields in the US, UK, Germany, etc. were 3.740%, 3.959%, 1.956% respectively. The latest changes ranged from - 0.024 (Australia) to 0.070 (US), weekly changes from - 0.200 (US) to 0.186 (Italy), monthly changes from - 0.703 (Italy) to 0.553 (Japan), and annual changes showed various trends [2]. - **Exchange Rates**: On August 18, 2025, the US dollar - to - emerging - economy currency exchange rates such as South African rand, Brazilian real, etc. had different values. The latest changes ranged from - 0.69% (Russian ruble) to 0.65% (South African rand), weekly changes from - 2.35% (South African rand) to 0.38% (South Korean won), monthly changes from - 8.22% (Thai baht) to 0.77% (South Korean won), and annual changes also varied [2]. - **Stock Indices**: On August 18, 2025, major global stock indices like the Dow Jones, S&P 500, etc. had different closing values. The latest changes ranged from - 0.50% (Mexican index) to 0.21% (Nasdaq), weekly changes from - 0.18% (UK index) to 8.70% (Spanish index), monthly changes from 8.78% (Mexican index) to 44.46% (Spanish index), and annual changes also showed different trends [2]. - **Credit Bond Indices**: The latest changes in credit bond indices ranged from - 0.08% to 0.08%, weekly changes from - 0.06% to 0.56%, monthly changes from - 0.13% to 2.43%, and annual changes from 4.84% to 15.88% [2][3] Stock Index Futures Trading Data - **Index Performance**: The closing prices of A - shares, CSI 300, SSE 50, ChiNext, and CSI 500 were 3728.03, 4239.41, 2838.87, 2606.20, and 6668.17 respectively, with daily changes of 0.85%, 0.88%, 0.21%, 2.84%, and 1.52% [4]. - **Valuation**: The PE (TTM) of CSI 300, SSE 50, CSI 500, S&P 500, and German DAX were 13.54, 11.56, 31.94, 27.34, and 20.08 respectively, with环比 changes of 0.08, 0.04, 0.37, 0.00, and - 0.04 [4]. - **Risk Premium**: The 1/PE - 10 - year interest rate of S&P 500 and German DAX were - 0.68 and 2.22 respectively, with环比 changes of - 0.02 and 0.04 [4]. - **Fund Flows**: The latest values of fund flows in A - shares, main board, SME board, ChiNext, and CSI 300 were 78.73, - 179.13, N/A, 216.70, and 110.91 respectively, and the 5 - day average values were - 306.54, - 333.88, N/A, 26.76, and 51.22 [4]. - **Trading Volume**: The latest trading volumes of Shanghai and Shenzhen stock markets, CSI 300, SSE 50, SME board, and ChiNext were 27641.63, 6353.66, 1621.58, 5485.68, and 8295.86 respectively, with环比 changes of 5195.51, 1166.79, 199.53, 1082.87, and 1773.47 [4]. - **Main Contract Basis**: The basis of IF, IH, and IC were - 1.61, 9.53, and - 60.17 respectively, with basis ratios of - 0.04%, 0.34%, and - 0.90% [4] Treasury Bond Futures Trading Data - **Closing Prices**: The closing prices of T00, TF00, T01, and TF01 were 108.015, 105.455, 107.865, and 105.380 respectively, with daily changes of 0.00% [5]. - **Funding Rates**: The R001, R007, and SHIBOR - 3M were 1.5037%, 1.5030%, and 1.5490% respectively, with daily changes of 1.00 BP, 1.00 BP, and 0.00 BP [5]