A股军工板块午后再度拉升，洪都航空封涨停，此前长城军工封涨停，北方长龙、科力装备涨超10%，建设工业、国科军工、中国动力、中航沈飞、航天南湖、航天彩虹等多股涨超5%。

Economists have delayed expectations for a Swiss National Bank rate rise; a monthly survey shows the earliest timing is now judged to be after June next year. Respondents who had expected borrowing costs to rise this year largely now see the SNB holding off until 2027, and a majority expect the first hike only in early 2028. The shift follows reports that SNB staff internally expect the policy rate to remain at 0% through end‑2027 and rise only thereafter, conditional on no new major shocks.

LME on warrants and canceled warrants: Copper on warrants 89,975 t, down 4,250 t; canceled warrants 128,325 t, down 4,100 t. Aluminum on warrants 244,650 t, unchanged; canceled warrants 10,250 t, down 3,000 t. Zinc on warrants 74,725 t, up 900 t; canceled warrants 22,400 t, down 1,250 t. Nickel on warrants 255,888 t, unchanged; canceled warrants 8,556 t, unchanged. Lead on warrants 361,525 t, unchanged; canceled warrants 60,275 t, down 6,625 t. Tin on warrants 4,785 t, down 20 t; canceled warrants 0 t, down 66 t.