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European stocks closed nearly flat on Thursday after recovering from session lows. The ECB had raised rates by 75 basis points and signalled a slower pace of hikes ahead.
Equity moves in Europe have little direct effect on feed commodity prices. The signal of slower hikes could ease pressure on the euro.
reuters.comSruthi Shankar, Ankika BiswasOct 27, 2022Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
