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宏观策略(股指期货)
中美探讨就300亿美元对等降税框架安排
A股缩量整理,半导体下跌,油气板块上涨。尽管谷歌财报超预期,但市场仍关注财务视角的可回报性,担忧加剧。AI投资进入两难境地。短期内股市仍会受到压制和阻力。

宏观策略(外汇期货(美元指数))
美伊冲突持续升级 特朗普声称考虑加大对伊打击力度
欧央行维持利率水平不变,符合市场预期,但是进一步加息预期上升,美元继续走强。

宏观策略(黄金)
欧央行7月会议按兵不动
金价大跌超2%,未能延续此前的反弹,美伊冲突引发油价持续上涨,市场紧缩预期升温,十年期美债收益率突破4.7%为战争以来首次,股市和大宗商品承压下跌。

黑色金属(焦煤/焦炭)
7月23日-25日蒙古国小TT煤矿停产三天
短期来看,随着需求下降,钢厂采购放缓,焦炭现货价格或有下降。盘面跟随震荡走势为主。

农产品(豆粕)
截至7月16日当周美豆出口销售净增159万吨
油价上涨、我国加快采购美豆、美国天气担忧使得内外盘期价维持偏强运行,后期最重要的是美国天气及USDA 8月供需报告如何调整单产,若单产维持高水平则上涨持续性存疑

有色金属(铜)
Collahuasi铜矿二季度铜产量同比下滑
美伊冲突持续升温,宏观预期担忧再度加剧,短期对盘面产生阶段抑制,预计价格宽幅震荡为主,策略上耐心等待逢低做多机会。

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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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