Swiss Sight Deposits (CHF) (w/e Apr 10) Total 461.3bln (prev. 464.3bln), Domestic 437.5bln (prev. 429.9bln)
The decline in total Swiss sight deposits suggests some tightening in liquidity conditions, which may influence market expectations for the Swiss National Bank's (SNB) monetary policy stance.
German Economy Ministry says adverse affects [of Middle East conflict] on the German economy are likely to remain evident for the "rest of the year"
IDF defines Lebanon as the main arena at this stage, while Iran is defined as an "arena of readiness" – with high alertness for any development
Swiss Sight Deposits (CHF) (w/e Apr 10) Total 461.3bln (prev. 464.3bln), Domestic 437.5bln (prev. 429.9bln)
[REVIEW] Peter Magyar's Tisza party wins the Hungarian election with a supermajority
China Foreign Ministry, on Trump threatening tariffs if China supplies weapons to Iran, says trade wars have no winners
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The increase in domestic deposits, however, indicates that banks may be holding more reserves, possibly in anticipation of further rate hikes or as a response to external pressures. This mixed signal could inform trading strategies, particularly for CHF and related assets.
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