Loading…
ECB policymaker Olli Rehn said on October 19, 2021, that euro zone inflation is still mostly temporary but could raise price expectations if it persists. Euro zone inflation reached 3.4% in September according to flash estimates, driven by energy prices and supply constraints.
Persistent inflation signals could push central banks toward tighter policy, which tends to strengthen the euro and weigh on dollar-priced commodities, while energy-driven inflation raises input costs for feed producers.
reuters.comOct 19, 2021After 388 past bullish macro events, Euro (USD per EUR) moved a median +0.3% over 5 sessions (62% higher; middle half -0.4% to +1.1%), and +0.1% over 20.
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.
