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The Swiss National Bank (SNB) projects inflation at 0.7% in 2026 (up from 0.6% previously), 0.8% in 2027 (up from 0.6% previously), and 0.8% in 2028 (up from 0.7% previously).

2026-09-24

The Swiss National Bank (SNB) projects inflation at 0.7% in 2026 (up from 0.6% previously), 0.8% in 2027 (up from 0.6% previously), and 0.8% in 2028 (up from 0.7% previously).

Other News
2026-09-24

Beijing issued implementation guidance on the national notice to improve the commodity housing sales system, setting transitional pre-sale rules for in-flight projects. First, projects that by Aug. 28, 2026 (inclusive) have obtained (or partially obt

Beijing issued implementation guidance on the national notice to improve the commodity housing sales system, setting transitional pre-sale rules for in-flight projects. First, projects that by Aug. 28, 2026 (inclusive) have obtained (or partially obtained) a construction project planning permit but not a pre-sale permit may apply for pre-sale under existing pre-sale conditions and existing pre-sale funds supervision. Second, projects that by Aug. 28, 2026 have obtained (or are in the process of obtaining) state-owned construction land use rights but lack a construction project planning permit are in principle subject to the new pre-sale management rules for new projects; districts that can guarantee on-time completion may, after filing with municipal authorities and under strengthened pre-sale funds supervision, allow these projects to apply for pre-sale under original pre-sale conditions until end-2027. Third, legacy projects that by Aug. 28, 2026 have obtained state-owned construction land use rights may be handled per in-flight project provisions after district-level risk assessment. The measures aim to ensure a smooth transition for on-going projects.
2026-09-24

Japan's finance minister Katayama said the principles behind the July US-Japan joint FX intervention remains in effect, signaling the government is prepared to act again with the United States if needed. The remarks helped the yen end a four-day losi

Japan's finance minister Katayama said the principles behind the July US-Japan joint FX intervention remains in effect, signaling the government is prepared to act again with the United States if needed. The remarks helped the yen end a four-day losing streak. Last week's Bank of Japan rate hike to a 31-year high has not convinced investors that the central bank will accelerate tightening, leaving sentiment fragile. HSBC senior FX strategist Daragh Maher said the yen may struggle in coming weeks but the persistent threat of intervention should help limit USD/JPY upside. He added that early-September's yen spike has reversed and, with positions less extreme, another large short-covering squeeze is unlikely.
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