南华股指期货周度报告：利空的尽头是利多

6 9 IF 3800 3800 3800 FOMC 2023 Z0015429 wangmengying@nawaa.com 0571-81727107 1. A 1.1 6 9.00 8.00 7.00 6.00 5.00 4.00 3.00 2.00 1.00 - Wind 1.2 CPI CPI: 3.00 2.50 2.00 1.50 1.00 0.50 0.00 -0.50 Ifind 2021-04 2021-05 6/8 2021-06 2021-07 2021-08 % : 2021-09 2021-10 2021-11 2021-12 TOP10 2022-01 CPI: 2022-02 2022-03 % 2022-04 2022-05 : 2022-06 2022-07 2022-08 2022-09 6 2022-10 2022-11 CPI: 2022-12 2023-01 2023 2023-02 2023-03 6 2023-04 9 A 1 2023-05 202369 5 CPI 0.2% 4.6% 4.3% CPI 0.3%PPI CPI 0.1% 0.1% A 6FOMC 6 7 67 6 A A A 6% 2211 500 231 100040-50%PCR / 30% 1.3IO PCR 300 1.60 1.40 1.20 1.00 0.80 0.60 (000300)300 6000.00 5500.00 5000.00 4500.00 4000.00 3500.00 0.40 IF 3800 2020/3/252021/3/252022/3/252023/3/25 3000.00 Ifind 3800 3500-3800 IF 3800 FOMC 2 202369 2. IF 2.1IF IF MA20 (MA20, 200,000.00 180,000.00 160,000.00 140,000.00 120,000.00 100,000.00 80,000.00 60,000.00 40,000.00 20,000.00 - 0.600% 0.400% 0.200% 0.000% -0.200% -0.400% -0.600% -0.800% -1.000% -1.200% -1.400% ifind / 2.2 / MA20 1000 500 300 50 100.00% 90.00% 80.00% 70.00% 60.00% 50.00% 40.00% 30.00% 20.00% 10.00% ifind 0.00% PPI 2.3PPI % 3 14.00 12.00 10.00 8.00 6.00 4.00 2.00 0.00 -2.00 -4.00 -6.00 -8.00 ifind 2022-01 PPI: 2022-02 2022-03 2022-04 2022-05 : 2022-06 2022-07 2022-08 2022-09 2022-10 PPI: 2022-11 2022-12 2023-01 : 2023-02 2023-03 2023-04 2023 6 9 2.50 2.00 1.50 1.00 0.50 0.00 -0.50 4 2023-05 202369 / 136 310008 4008888910 www.nanhua.net 603093