Latest data released by the SNB - 13 August 2018

  • Domestic sight deposits CHF 473.4 bn vs CHF 476.2 bn prior

Overall little change in the total sight deposits from the prior week. Nothing much of note here. However, given the strength we're seeing in the swissie since Friday it wouldn't surprise me if the SNB steps in to stem declines in EUR/CHF and USD/CHF - though the latter has hardly changed.