
The ECB held its January 21 press conference and kept ample monetary stimulus in place. Lagarde described the pandemic as posing serious risks, with output likely contracted in Q4 2020 and inflation very low.
The statement confirmed the bank's previous baseline view of a protracted weakness in inflation.
Persistent ECB stimulus and low inflation keep the policy backdrop accommodative, which can weaken the euro and affect currency-driven demand for dollar-priced feed ingredients. The outcome matched expectations, so the price impact is limited.
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.