【期貨熱點追蹤】現金利潤尚存，企業主動減產意願降至冰點；運行產能攀升疊加成品原料雙累庫！氧化鋁期貨再度增倉下挫。點擊閱讀。

【國債期貨早盤開盤】2年期國債期貨（TS）主力合約持平，5年期國債期貨（TF）主力合約漲0.01%，10年期國債期貨（T）主力合約漲0.02%，30年期國債期貨（TL）主力合約漲0.12%。

David Kelly, chief global strategist at JP Morgan Asset Management, said the Fed should hold rates and does not need to raise them, expecting inflation to taper gradually as evidence mounts that a persistent wage‑price spiral is unlikely. After July’s CPI showed moderate core inflation, US Treasuries extended gains. Kelly cited three disinflationary forces: tariff-related costs should fall on a year‑on‑year basis; oil prices are likely to retreat as markets grow optimistic the Iran war will end; and wage growth continues to lag inflation, weakening the feedback loop that would sustain price pressures. He added markets are highly leveraged, so even small rate rises could trigger asset repricing.