Swiss Sight Deposits (w/e Feb 15). Domestic Banks CHF 437bln (prev. 430.6bln), Total CHF 452.7bln (prev. 447.4bln)
The latest Swiss sight deposits indicate a modest increase in domestic banks' holdings, rising from CHF 430.6 billion to CHF 437 billion.
Rosebank (ROSE LN) is said to be in talks to purchase CPM and MW Industries for as much as GBP 2.2bln, Sky News reports citing sources
[MARKET ANALYSIS] JPY softens on GDP, AUD outperforms amid risk, DXY uneventful on a US holiday
Swiss Sight Deposits (w/e Feb 15). Domestic Banks CHF 437bln (prev. 430.6bln), Total CHF 452.7bln (prev. 447.4bln)
Ukraine and Iran negotiations with the US in Geneva are to take place simultaneously on February 17th
Iranian Foreign Ministry Spokesperson says the issue of lifting sanctions is inseparable from any diplomatic channels for Iran
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This uptick in deposits could suggest growing liquidity or confidence in the banking system, which may influence the Swiss National Bank's monetary policy considerations regarding interest rates and overall economic stability.
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