【中国银河】2025年全球大类资产投资展望：变局·择机-241231（57页）.pdf

1、 ?德?2025?德?1?2025?2024?12?31?l?分?缺?COMEX?.?%?.?%?.?%?.?%?德?农?哈?.?%?.?%?.?%?.?%?.?%?分?.?%?.?%?l?热?德?受?点?分?组?分?德?危?决?德?续?续?忽?l?德?德?德?组?组?全?德?冲?劲?纳?组?德德?劲?德?忽?德?l?组?.?忽?点?组?.?类?组?忽?绪缺?忽?l?分?危?忽?德?续?组?续?忽?德?A?续?粘?l?德?德?(?010-8092-7696*?yangchao_?S?2024-12-19?12?2024-12-13?2024-12-09?12?2024-11-20?2024-1

2、1-19?2025:?2024-11-13?A?2024-11-08?2024-11-08?组?热?2024-11-06?2024-11-03?A?2024?A?2024-10-30?组?vs?2024-10-28?Q?2024-10-28?2024-10-23?德?2?Catalog?分?.?.?.?.?.?.?德?德?.?点?德?.?德?.?续?续?.?.?.?.?克德?.?.?.?.?.?.?.?.?.?.?分?.?.?德?3?2024?分?缺?全?忽?德?点?忽?忽?组?忽?续?续?德?1?11?30?2024?全?分?%?1?2?3?4?5?6?7?8?9?10?11?2024?11

3、?30?NYMEX?-15.12-12.00-5.81 11.00 29.63 0.54-21.53 5.40 36.81-7.66 24.42 33.97 COMEX?-4.26-1.25 9.68 6.64 14.64-3.30-1.35 1.06 7.83 4.27-5.17 29.12 COMEX?-0.68-0.71 9.74 2.63 1.95-0.38 6.57 2.55 5.10 3.56-2.74 29.06?1.02 6.12 1.79-4.41 6.88 5.96-0.75 0.65 2.68-0.52 6.21 28.02?500 1.59 5.17 3.10-4.16

4、 4.80 3.47 1.13 2.28 2.02-0.99 5.73 26.47?1.22 2.22 2.08-5.00 2.30 1.12 4.41 1.76 1.85-1.34 7.54 19.16?-16.81 14.85 0.62 2.21-2.87-6.74 0.28-6.38 37.62-0.49 2.75 17.59?德 DAX 0.91 4.58 4.61-3.03 3.16-1.42 1.50 2.15 2.21-1.28 2.88 17.16 LME?-4.89-4.11 0.56 19.23 2.02-0.96-8.15 8.37 6.23-1.73 2.62 16.9

5、5?-2.69-0.35 2.62 2.13 1.33-0.11 3.69-0.38 4.13-0.74 5.07 15.40?225 8.43 7.94 3.07-4.86 0.21 2.85-1.22-1.16-1.88 3.06-2.23 14.18?-9.16 6.63 0.18 7.39 1.78-2.00-2.11 3.72 17.48-3.86-4.40 13.94?-6.27 8.13 0.86 2.09-0.58-3.87-0.97-3.28 17.39-1.70 1.42 11.82?-13.77 13.61 0.75 1.98-2.32-5.51-1.07-4.63 26

6、.13 0.58 0.19 11.41?3.04 7.59 2.50-5.81 4.32-1.30 0.50 2.59 0.32-1.82-1.11 10.67?SENSEX30-0.68 1.04 1.59 1.13-0.70 6.86 3.43 0.76 2.35-5.83 0.52 10.47 LME?-4.15-2.41 4.80 10.46 2.45-5.09-8.30 6.79 6.46 0.56-0.71 9.02 10?德德?1.35 8.58-1.43 11.32-3.82-2.02-8.17-3.07-3.12 13.12-2.50 8.04?3.65 2.46 0.01