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SNB total sight deposits w-e 2 June CHF 576.062 bln vs 575.973 bln prev

SNB total sight deposits w-e 2 June CHF 576.062 bln vs 575.973 bln prev

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By Mike Paterson
06/06/2017 | 08:08 GMT

Swiss National Bank sight deposits w-e 2 June

  • domestic CHF 480.329 bln vs 489.295 bln prev

First reversal in domestic depos for a while. Domestic depos are an indication of how inclined banks are to find a safe haven for their money.

SNB stepping back a little? I'm not so sure and posted this yesterday.

Total sight depos inc other depos on sight in CHF. Sight depos are the accounts of commercial banks with the SNB and make up a large part of the banking system's liquidity. The SNB increase sight deposits by FX swaps and repos of its own debt.

USDCHF 0.9642 still holding firm down here after its Friday post-NFP fall and with EURCHF still near recent lows.

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