
The ECB warned that a trade war with tariffs would further weaken Europe's already anaemic economy. The bank noted Europe's reliance on foreign trade and its industrial recession, which is driven by high energy costs and weak Chinese demand.
It also warned that retaliation is likely.
Expected retaliatory tariffs could cut transatlantic and Chinese trade flows, reducing demand for imported feed ingredients and pressuring export-linked prices.
Nach 23 vergangenen Handel-Ereignisse bewegte sich Euro (USD pro EUR) im Median über 5 Handelstage um -0,4 % (43% höher; mittlere Hälfte -0,9 % bis +0,7 %) und über 20 Handelstage um +0,5 %.
Veränderungen des Benchmarks jedes Rohstoffs seit dem letzten Schluss vor dem Ereignis. Historische Werte bündeln frühere Ereignisse derselben Art; sie beschreiben, was passiert ist, nicht was passieren wird. Keine Anlageberatung.
The ECB's warning that a trade war would hurt the euro-area economy supports a weaker-growth, lower-rates narrative that is negative for the euro.