Latest data released by the Swiss National Bank - 15 January 2018
- Domestic sight deposits CHF 473.9 bn vs CHF 471.4 bn prior
Prior week's reading can be found here.
Domestic deposits increased on the week, but not a major jump. Sight deposits are basically the accounts of banks that sit with the SNB and account for a major portion of liquidity within the financial system.
They used to play a bigger role in determining SNB intervention in the market post-EUR/CHF floor removal. But now the data point offers very little - since the market has moved on from the incident.
EUR/CHF almost unchanged on the day trading close to the 1.1800 level, now at 1.1797. USD/CHF is at 0.9647.
