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宏观策略(外汇期货(美元指数))
美国最高法院再次未就特朗普关税案作出裁决
美联储官员释放按兵不动的信号,短期降息不太可能,美元指数维持震荡。

宏观策略(黄金)
美国对进口半导体加征25%关税
金价震荡收涨,白银大涨,资金对白银和有色金属的做多情绪高涨,市场风险偏好下降,美国12月零售销售和PPI好于预期,美联储降息意愿下降,短期内市场缺乏增量资金。

宏观策略(股指期货)
中国12月出口增6.6%,进口增5.7%
沪深京交易所上调融资保证金比例,释放降温信号,带动股市放量回调。展望后市,虽然短期震荡在所难免,但慢牛长牛格局依然延续,春季躁动也仍有待继续推进。

黑色金属(螺纹钢/热轧卷板)
2025年中国出口钢材11901.9万吨
钢价延续震荡,从12月出口数据看,年末有抢出口迹象。而随着出口许可证制度落地,或对出口形成一定压制。成材基本面压力犹存,受外围金属情绪带动或有限。

农产品(白糖)
12月份我国进口食糖数量预计高于去年同期
12月上半月巴西中南部甘蔗压榨量和产糖量同比大降,因较快的收榨进度和制糖比的快速下滑。巴西压榨近尾声,市场更关注一季度产区降雨,这对下榨季甘蔗及糖产量影响关键。

有色金属(碳酸锂)
碳酸锂期货LC2701合约继续限仓提手续费
交易所出手降温市场情绪,谨防高波动率下多单相互踩踏。

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上海东证期货有限公司

上海东证期货有限公司成立于2008年,是一家经中国证券监督管理委员会批准的经营期货业务的综合性公司。东证期货是东方证券股份有限公司全资子公司。公司主要从事商品期货经纪、金融期货经纪、期货交易咨询、资产管理、基金销售等业务,拥有上海期货交易所、大连商品交易所、郑州商品交易所、上海国际能源交易中心和广州期货交易所会员资格,是中国金融期货交易所全面结算会员。公司拥有东证润和资本管理有限公司,上海东祺投资管理有限公司和东证期货国际(新加坡)私人有限公司三家全资子公司。

自成立以来,东证期货秉承稳健经营、创新发展的宗旨,坚持以金融科技助力衍生品发展为主线,通过大数据、云计算、人工智能、区块链等金融科技手段打造研究和技术两大核心竞争力,坚持市场化、国际化、集团化发展方向,朝着建设一流衍生品服务商的目标继续前行。

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