KATZ approved Chief of Staff Ayal Zmira’s recommendation to appoint Brig. Gen. Dodo Bar-Klipa as commander of the Central Command. He is slated to assume the post in 2027, timing contingent on assessments of the operational situation.

As of Aug 28, margin financing on the Shanghai Stock Exchange was 1,342.944 bln yuan, down 6.131 bln from the prior trading day; Shenzhen was 1,278.973 bln yuan, down 0.031 bln. Combined margin financing totaled 2,621.917 bln yuan, a decline of 6.162 bln yuan.

A Swiss Bankers Association survey showed bankers expect the SNB to hold its policy rate at 0% for the rest of this year and through 2027. All respondents said the SNB will keep rates at 0% for the remainder of 2026; 60% expect the pause to extend into the following year, while about 40% expect hikes to begin next year. Most forecast an initial rise to 0.25%, one respondent expects 0.5%. The SNB’s next policy assessment is on Sept. 24. Market pricing shows a 97% probability of no change at the next meeting; markets price the first hike in June at +25bps to 0.25%.