SNB total sight deposits w.e. 30 November CHF 576.9 bn vs CHF 577.3 bn prior

Latest data released by the SNB - 3 December 2018

• Domestic sight deposits CHF 472.0 bn vs CHF 472.7 bn prior

Yet again, very minimal changes to the sight deposit data. It tends to act as a proxy for interventions by the SNB but the lack of changes recently continues to suggest that the central bank is comfortable with current levels of EUR/CHF.