At the morning open, China’s main futures contracts were mostly higher. Polysilicon and SC crude led gains, up over 4%; fuel oil rose nearly 3%; asphalt, ethylene glycol (EG), coke and styrene (EB) gained more than 2%; low-sulfur fuel oil (LU) was up about 2%; container freight rates on Europe routes climbed over 1%. On the downside, platinum fell more than 2%, while palladium, SHFE silver, SHFE nickel and SHFE tin were down over 1%.

2026-08-07

At the morning open, China’s main futures contracts were mostly higher. Polysilicon and SC crude led gains, up over 4%; fuel oil rose nearly 3%; asphalt, ethylene glycol (EG), coke and styrene (EB) gained more than 2%; low-sulfur fuel oil (LU) was up about 2%; container freight rates on Europe routes climbed over 1%. On the downside, platinum fell more than 2%, while palladium, SHFE silver, SHFE nickel and SHFE tin were down over 1%.

其他消息
2026-08-07

8月6日,巴菲特指数(沪深300市值/GDP)进一步升至91.4%,刷新7月10日以来高点;股债性价比指标——沪深300指数股权风险溢价(ERP)为5.28%,7月以来主要围绕着5.2%波动,处于2024年10月以来波动区间下端,暗示目前股市相对国债收益的优势一般。 -------- 注:1、巴菲特指数是通过将股市总市值和GDP来比较,判断目前股市是否高估,通常70-100%为正常估值,低于该区间为低估,高于该区间为高估。 2、沪深300指数风险溢价(ERP)主要对比沪深300收益和国债收益率,统计近10年数据可以发现该指标和股指有明显反向关系,每次股市都处于底部区域时,风险溢价均超过6%,也就是当ERP≥6%,股市有投资性价比,而当ERP≤4%时,则股市往往接近或处于阶段性高点,投资性价比低甚至要小心回调风险。

2026-08-06

富达全球宏观主管Jurrien Timmer指出,截至8月2日,已有305家标普500公司披露二季度业绩,EPS同比增速由财报季前的24%升至29%,与一季度持平,也达到2018年以来的高位。图中29%的盈利增速已落在历史分布右尾;同期市盈率变化约为-5%,仍处于常见波动区间。 这说明近期美股上涨主要由利润和利润率推动。 2023年牛市启动时,企业盈利改善有限,股价更多依赖投资者愿意支付更高估值;如今标普500经营利润率升至16.5%的历史高位,基本面对股价的支撑明显增强。