Swiss government says it expects the US may impose additional tariffs under a Section 301 probe targeting industrial overcapacity.

Switzerland's foreign exchange reserves in May were CHF 710.818 bln; the prior reading was revised from CHF 715.7 bln to CHF 715.812 bln.

MOFCOM data: Jan-Apr 2026 China’s services trade totaled 2,485.3 bln yuan, up 4.9% YoY — exports 985.0 bln yuan (+15.0%), imports 1,500.3 bln yuan (-0.8%). Services trade deficit narrowed to 515.3 bln yuan, down 139.7 bln YoY. Knowledge-intensive services remained a driving sector: Jan-Apr flows were 1,104.2 bln yuan (+5.1%), accounting for 44.4% of total services trade; exports 544.1 bln yuan (+11.7%) with personal cultural and entertainment services and IP royalties the fastest-growing subsegments (up 39.5% and 20.8% respectively), imports 560.1 bln yuan (-0.7%). Among top categories, travel services exports rose 147.2 bln yuan (+30.4%), fastest growth on the export side; transport services imports rose 316.5 bln yuan (+24.9%), fastest on the import side.