【中国银河】2025年大类资产中期投资展望：驭变谋势-250624（52页）.pdf

1、 ?2025?1?2025?2025?6?24?l?全?潜?类克?续?点?潜?续?点?跳?l?德?德?意?绪缺?呵?.?呵?德?呵?分?l?分?COMEX?/?/?硬?WTI?/?OPEC+?危?WTI?/?德?危?呵?.?%?危?呵?.?%-?.?%?德?点?.?.?.?.?热?呵?l?德?(?010-8092-7696*?yangchao_?S?2025-06-22?2025?2025-06-21?2025?A?2025-06-10?2025-05-28?2025-05-21?分?2025-05-12?2025-05-07?2025-05-05?2025-05-04?2025-04-25?

2、续?4?2025-04-23?2025-04-08?2025-04-08?2025-04-03?2025-04-03?2025-04-02?2025?A?2025-03-21?2025-03-17?2025-03-09?2?Catalog?.?全?.?.?.?.?.?全?.?德?.?.?续?.?.?预?.?.?.?.?分.?.?.?.?.?3?2025?全?2025?分?+?分?分?点?危?点?续?缺?分?全?分?点?德呵?分?点?劲?分?分?1?2025?缺?分?%?6?20?1?2?3?4?5?6?COMEX?7.21 1.14 10.84 4.73 -0.18 2.08 28.15 CO

3、MEX?10.24 -1.74 10.38 -5.17 0.75 8.84 22.94?0.82 13.43 0.78 -4.33 5.29 1.03 17.30?德 DAX 9.16 3.77 -1.72 1.50 6.67 -2.70 17.29?0.10 0.12 4.25 4.74 0.16 1.54 11.29 LME?3.38 3.46 3.76 -6.02 4.08 1.71 10.18?STOXX 7.16 3.37 -3.06 -0.17 4.52 -2.33 9.42?-0.47 1.48 2.31 3.79 1.35 -0.48 7.55?德?100 6.13 1.57

4、-2.58 -1.02 3.27 0.03 7.36 NYMEX?-15.44 25.46 7.77 -18.60 4.09 13.03 7.24?-0.14 3.19 0.11 -6.16 8.67 1.26 6.52 CBOT?1.68 -0.71 -3.28 -0.98 0.47 9.13 5.67?SENSEX30-0.82 -5.55 5.76 3.65 1.51 1.18 5.46 CBOT?3.36 -1.63 -1.15 2.88 -0.22 1.80 4.95 NYMEX WTI?2.91 -3.56 2.35 -18.55 4.43 21.80 3.23?德 CAC40 7

5、.72 2.03 -3.96 -2.53 2.08 -2.09 2.83?1.80 1.03 1.97 -3.52 1.62 -0.29 2.53?4 ICE?2.49 -3.42 2.61 -18.36 2.54 20.71 1.53?500 2.70 -1.42 -5.75 -0.76 6.15 0.95 1.47?1.64 -3.97 -8.21 0.85 9.56 1.75 0.71 LME?1.67 0.39 -2.78 -5.27 2.04 4.81 0.39?-3.02 2.16 0.45 -1.70 2.09 0.37 0.24?-0.67 0.05 0.00 0.00 0.0

6、0 0.00 -0.62?4.70 -1.58 -4.20 -3.17 3.94 -0.15 -0.79 10Y 德?-2.94 6.97 4.63 -10.32 3.33 -2.21 -1.56?225-0.81 -6.11 -4.14 1.20 5.33 1.15 -3.74?-2.48 4.48 -1.01 -5.75 1.42 -0.35 -3.93 DCE?4.31 -1.17 -3.62 -4.18 -0.35 -0.07 -4.18 10Y?德德?-0.66-7.49 0.19-1.02 5.52-0.48-4.29?-3.63 5.16 -3.07 -7.40 2.32 0.8