SNB total sight deposits w.e. 4 March CHF 725.7 bn vs CHF 725.2 bn prior

• Domestic sight deposits CHF 657.6 bn vs CHF 660.9 bn prior

Not much change in overall sight deposits, hinting that the SNB is still staying more on the sidelines for now. That is evident with the EUR/CHF drop to parity but after the remarks here, one has to be wary that we could see the central bank step in.