【中国银河】全球大类资产配置周观察：信用风险催生市场避险情绪-250525（11页）.pdf

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5、（吨）951001051101151201500200025003000350040002023-12-292024-02-292024-04-302024-06-302024-08-312024-10-312024-12-312025-02-282025-04-30?(?):COMEX?（美元/盎司）0501001502002503002025-01-012025-01-152025-01-292025-02-122025-02-262025-03-122025-03-262025-04-092025-04-232025-05-07?（1985-2019年=100）-600-400-2000

6、2004006008002025-03-142025-03-212025-03-282025-04-042025-04-112025-04-182025-04-252025-05-022025-05-092025-05-16?德:API?:?:?德:EIA?:?:?（万桶）?4 续?续?类?EIA?API?OPEC+?7?分?德?续?续?PMI?德?绪?类?OPEC+?分?德?分?IEA?2025?续?德全?Aa1?德?4?1.5?20?续?分?分?6?德?岩?7?德?Wind?Wind?续?类?绪?-15-10-505101520252020-012020-052020-092021-012