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Swiss National Bank Governing Council member Tschudin: We do not publish interest rate forecasts; current inflation forecasts should not be interpreted as interest rates remaining at current levels for three years.

2026-08-21

Swiss National Bank Governing Council member Tschudin: We do not publish interest rate forecasts; current inflation forecasts should not be interpreted as interest rates remaining at current levels for three years.

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2026-08-21

1. The total trading volume of the Shanghai and Shenzhen stock exchanges on August 20th was 2.08 trillion yuan, a decrease from the previous trading day, falling below the 20-day moving average (2.32 trillion yuan). 2. On August 20th, the ratio of m

1. The total trading volume of the Shanghai and Shenzhen stock exchanges on August 20th was 2.08 trillion yuan, a decrease from the previous trading day, falling below the 20-day moving average (2.32 trillion yuan). 2. On August 20th, the ratio of margin buying to A-share market capitalization, a measure of leverage, rebounded to 10.35%. It has been fluctuating around 10% throughout the year, but the volatility has intensified significantly since May. -------- Note: 1. Trading volume reflects the views of major institutions, speculative funds, and retail investors on A-shares. Volume above the moving average indicates increased total trading volume and a more optimistic market sentiment, while volume below the moving average indicates decreased total trading volume and a cooling market sentiment. 2. Since 2015, A-share leverage levels have mostly remained between 6% and 10%. A leverage ratio exceeding 10% indicates high market activity, potentially approaching or in a bull market. A leverage ratio above 15% indicates an overheated market risk, requiring caution.
2026-08-21

Russia's Deputy Foreign Minister Ryabkov said Russia remains willing to discuss strategic nuclear weapons with the United States after the New START treaty expires.

Russia's Deputy Foreign Minister Ryabkov said Russia remains willing to discuss strategic nuclear weapons with the United States after the New START treaty expires.
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