ECB’s Sleijpen: Energy price retreat will have an impact on inflation

After 533 past bearish macro events, Euro (USD per EUR) moved a median -0.3% over 5 sessions (33% higher; middle half -1.2% to +0.2%), and -0.5% over 20.

• Feb 2, 2017Euro zone inflation rise still not sustainable - ECB's Praet | Reuters-0.5%
• Oct 28, 2021ECB's Lagarde sees higher inflation; pushes back on rate-hike bets | Reuters-0.1%
• Apr 29, 2022ECB's Lane: Euro depreciation will be important factor in shaping ECB projections+0.1%
• Sep 28, 2018Euro Retreats after Inflation Disappointment, Italian Budget Dilemma Cast Doubt over ECB Policy Outlook-1.4%
• Nov 5, 2018EURUSD retreats on ECB Italy and soft data ahead of US midterm elections-0.5%

After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% over 20.

• Jul 30, 2024Crude Prices Retreat on the Prospects of Weaker Chinese Energy Demand-3.7%
• Mar 27, 2020Oil market volatility is at an all-time high - U.S. Energy Information Administration (EIA)+37.1%
• Jul 21, 2017Oil prices sink on a report OPEC supply will rise in July+4.9%
• Nov 22, 2022Oil prices retreat as investor sentiment darkens-2.1%
• Nov 16, 2022Canadian dollar retreats from 100-day moving average as inflation holds steady - The Globe and Mail-6.9%