<ul><li>Domestic sight deposits CHF 510.8 bn vs CHF 518.0 bn prior</li></ul><p style=““ class=“text-align-justify“>Overall sight deposits continue to decline ahead of the SNB policy decision this week, in which the central bank is likely to announce a 50 bps rate hike (though with a risk that it could end up being just 25 bps). That will likely play into more policy adjustments involving sight deposits as outlined <a target=“_blank“ href=“https://www.forexlive.com/news/whats-behind-the-sudden-plunge-in-snb-sight-deposits-20221017/“ target=“_blank“ rel=“follow“>here</a> previously.</p>

This article was written by Justin Low at www.forexlive.com.