Swiss Sight Deposits (CHF) (w/e Apr 10) Total 461.3bln (prev. 464.3bln), Domestic 437.5bln (prev. 429.9bln)
Context
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. 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.
Trade the TapeGet this analysis live, the moment it breaksNewsquawk's real-time dashboard delivers market-moving headlines and instant context to your desk before the rest of the market reacts.
Open Dashboard#SNB#EU SESSION