周度投资报告 2021年6月14日 中投期货策略周报（2021年第22期） !"#$ %& !"#$%&'F0251993 (#)*%&'Z0013973 zhangwei@tqfutures.com '( !"#$%&'F3041660 (#)*%&'TZ014346 liushen@tqfutures.com )*+ !"#$%&'T040666 (#)*%&'TZ002416 yuruiguang@tqfutures.com ,-. !"#$%&'F0270867 (#)*%&'Z0012784 lixiaowei@tqfutures.com 周度投资视点 /012$!"#$%&'()*+,-./01234526789:;<=>?@A5B=,CDEFG1HIJ3)*+KLMNOPQR,STUVWX67YZ[\],^_`abcdefghijklmnopqrs0tuOHv\]Rw,xyz{=|}~AÄÅÇÉ=ÑÖ,0ÜáàxyiâäãlåÅçéèêoë3456$íKì2îïñä',z{óòôÄNöõ,úôÄ8ùûü†7°¢,uO£§•¶¶ß®ôÄì1ú©™,0Ü£§•¶¶ß® ́å ̈≠2ÆØ∞¶¶8±§•¶oë7$89:;<=>?@ABC%DEFGHIJ<KLMNOPHQRSTU@VWXY5Z[\]^_`abFcdefHQRghijklmnAopqrstF897uvwxyz){h|}FG~ÄÅÇMNÉÑF7ÖuPÜáàâäãåçéènoÖê7ërF5íìIîÖê7ïñóòêô<öõúù]ûüF†°¢£ÅÇó§•è¶oG~ß®5íì©VF6 íìúùô<çÜâ™ ́ ̈nF≠Æ6í솰àâØ∞o±áërFï:)≤7≥F¥μ†<∂∑∏πFÄ∫ǪºΩª]æøoÄstF7≥¿D¡™F¬@≤å√ƒo ≈$òê∆]«»...§•ï oIî±áçéºÀkÃÕFOPŒë œBXYûüFIî±á–Ç2Ω—≠5oΩ ©F“”‘’@>MNFfIîÅ÷â=>◊ÿŸoIî≈⁄¤◊‹›-fifljFGV¤‡D‹·‚ÃF„‰ ÂÊÁËÈÇ6?@-finÍÎÏo∏Ì‘’Ä ÓÕFÔ≈ô<ÒÚ≈ô<ÛÙ≈ô<çÜıˆ ̃∏πoÄstF≈v‘ ̄ ̆|} ̇>F ̊5≈≥{ ̧ÏDΩMo ̋ ̨$ ̋ ̨ˇ!"#¿$%&']~f·s]H(≠5FÊÁ‡D!)*+â@>,-!.›ZF/0çéJΩ1234567o ̋ ̨≥|8fi9n:F0;â<= ̈>&']≠5?ÇF ̊5@ABCYDÅE:FFy1f ̨≥z)v‘G ̆øH#]¥μIÅèJoK) ̨≥LM:]8fiè¶FNOPμQRr]STBUVH”F†<WqXà◊Yf©∑#¿ZUù[]T\Fcdewf‰5 ̋ ̨—]ÙÜ^_][`abˆcd]≠5oef...yg@ ̋ ̨ÊÁ‡D#¿]0øFh~pqrˆøiΩ#j‰Kík%]¿fiF= ́Á‡Dalmâ~%Eno]pq›ro st$uyst0;vv ̊5fljwxF¿Jt%yJtzFˇ{ïYD|}8~Ωouyst]FyĆÅÇÉÑFÖ`8-10WV!]Ü-]U<áàâ5Fä`ãåcd5 BçSoJé89èêûüë]í8ìîFà,¡Mïâ5qXñˆ]óUÅÇo89uystU<[z)q"òôâ5ö¥{}õ]åúFù>vw∂∑ûπfiü†á2ãû≤ü)‘’∂∑ûπfiüFÄ#ä>°W¢í]vw©£è§v‘K•]¶fG ̆oßN®©™kB ́ ̈YD]≠ÆFhˆØv‘K•ÃohG ̆∞.F/0áàBõ0U<â5±≤[≥¥μF∂∑∏π∫stÊÁ‡D&Ã#U]ñso ̨ª ̨º$CBOT8Ω0;∫ljÕæ ̧]μÙæøFß®HΩ¿¡67Fuô≠ÆïK¬]√ƒÂ≈n≤oI∆ ̋ ̨≥|¬@nDFÊÁáàÄ=>∫«»...]6 À1F”¥áà¢Ã...fÕŒHΩYî]8œ–—0;±≤“%”êoHIIîÖ‘Òë@>’Ωñ÷◊F8Ω¤◊z){ãÍGFHΩ0;...z)3¿¡y]óUÀÿoIîΩŸ—¡ZÅÇ•⁄μÙF ̨ª^_≠¤◊ènBÀ1a¤Òë‹›>≥∏aF‹Ωfi≠fl‘ ̈μ¬@√ƒ{ ̧ÓDFIîΩŸ0;Zofi ̧ ̨ÕóUÀÿF ̨fi£‡·∑è¶oIî” ̨ª0;¬@‚ ̧QjkF‰Â ̨z)§•]yDFfΩ ̨BÊ ̨ıˆÁËÈwoYÍ!"ÎÒ∏F ̨ª^_ÏyènÒëxyΩ-oΩfiBÊfiÌ√ƒènF$%~ïñ ̨ªè¶]ÓÓ^ÈwFÊjk#¿jë...•ΩdF=>Ô≤‘ÒoΩ!56qâ8fi∂ÚíèyDFÛRÎÙ≠5ı— ̨ªˆyı ̃Ò\„ ̄ôF≠Æ5600! ̆f8Ω56ˆ‚ ̧ÿŸëFΩq©ƒtzoë £≤'^≥¥Sμ∂¶∂∑∏π∫∑ªºë !"#"!" !"#!"#$%&'()*+,-./01 ................................................................................................ - 4 - 2345678$%9:;<=78>? ......................................................................................... - 8 - ∑!ΩæZáø¿`aY¡¬8®√ƒ≈ ............................................................................................................. - 8 - ∂!∆∆«»... ÀÃÕŒ∆«œ– ............................................................................................................................. - 8 - ∞!—“”‘é’!÷◊eÿŸ⁄¤ ...................................................................................................................... - 9 - ª!ø¿a‹ ........................................................................................................................................................ - 10 - @ ....................................................................................................................................................... - 12 - ∑!›fifl©‡ .................................................................................................................................................... - 12 - ∂!·ã ............................................................................................................................................................... - 13 - ∞!‚'^+^®√ ............................................................................................................................................ - 13 - A ....................................................................................................................................................... - 15 - ∑!„μ‰Â0t ................................................................................................................................................ - 15 - ∂!Ê· ............................................................................................................................................................... - 16 - ∞!„'^+^®√ ............................................................................................................................................ - 16 - BC ................................................................................................................................................... - 18 - ∑!ÁËÈÍÎ∏Ïù ......................................................................................................................................... - 18 - ∂!ÌÓÔÒ8ÚÛ ......................................................................................................................................... - 18 - ∞!|}”Ù&'≠ı ......................................................................................................................................... - 18 - ª!ˆ ̃± ̄ ̆ ̇) ̊ ......................................................................................................................................... - 20 - •! ̧ ̋ ̨ˇ!Õ ̨" ...................................................................