SNB total sight deposits w.e. 30 August CHF 456.7 bn vs CHF 463.6 bn prior

• Domestic sight deposits CHF 448.6 bn vs CHF 455.7 bn prior

This will be an interesting spot to watch after the SNB commented on the franc perhaps being a little too strong. The drop in the past week is certainly not suggestive of that but we'll see how the trend develops in the coming weeks to be certain of anything.