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宏观策略(股指期货)
美总统特朗普将于5月13日至15日访华
4月中国通胀继续上行,高企的油价是主要推动力,此外内生性涨价有小幅回暖但行业间参差不齐,暂不具备全面通胀的基础。股市行情在半导体带动下依然火热,成交大幅放量。

黑色金属(铁矿石)
印度矿企获批追加出口果阿低品位铁矿石
全国钢厂盈利普遍100-300元,前期出口接单支撑钢厂5、6月份排单尚可。基本面短期尚算健康,且能源成本支撑延续,预计矿价延续偏强震荡,能否突破等待成材端变化。

宏观策略(国债期货)
4月通胀数据超预期
输入性通胀难以导致货币政策收紧,因此其对债市的影响是脉冲式的。5月资金面宽松与政府债发行提速、科技股上涨相交织,整体应偏震荡走势。

有色金属(铜)
秘鲁发布能源危机紧急法令
秘鲁发布能源危机紧急法令,引发市场对秘鲁矿业生产受阻担忧,叠加短期宏观情绪偏支撑,铜价短期走势相对偏强。

能源化工(原油)
美国将在6至8月期间释放5350万桶原油
油价上涨,因美伊谈判仍无实质进展,霍尔木兹海峡维持极低通行量。

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