
The ECB held its key rate at 4% on October 26 after 10 consecutive hikes starting in July 2022. It said rates at current levels would bring inflation to target if maintained long enough.
Markets had priced in a more than 98% chance of a hold.
The pause signals the end of tightening in Europe, which limits euro upside against the dollar and keeps trade-financing costs high for European feed importers. The direct commodity impact is small.
Tras 129 eventos neutral de macro pasados, Euro (USD por EUR) se movió una mediana de -0,1 % en 5 sesiones (45% al alza; mitad central entre -0,5 % y +0,5 %), y +0,1 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.