Crane Bucket Pouring Coal Outdoors
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宏观策略(黄金)
美联储降息25个基点
金价震荡收跌,美联储如期降息25bp,并宣布12月结束缩表,对此市场已经有较为充分的预期,但鲍威尔表态偏鹰,12月降息预期下降,短期黄金继续走利多出尽的逻辑。

宏观策略(外汇期货(美元指数))
特朗普称与韩国达成贸易协议
美联储如期降息25个基点,但是鲍威尔表态12月不一定降息,市场风险偏好回落,美元指数回升。

宏观策略(国债期货)
中美元首将于10月30日会晤
短债大幅走强,曲线走陡,宽货币正在成为主线逻辑,但债市走强的节奏较快,继续走强的空间相对有限。

农产品(棉花)
港口棉花库存有望持续反弹
传闻美国对华商品进口将削减一半的芬太尼关税,叠加近期国内宏观政策面利多消息以及美联储即将继续降息影响,外部宏观氛围利好,郑棉继续走强,站上13600一线。

有色金属(铅)
骆驼股份前三季度业绩增长 锂电产品爆发
盘面上多空双方边际撤离,12月多头有转移至1月行为,但沪铅尚未跌破此前震荡区间上沿。

航运指数(集装箱运价)
HMM运力突破100万TEU
观扰动或持续至下周,但由于缺乏基本面支撑,且当前盘面价格已处于震荡区间上沿,不宜追多,短期观望为主。

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