# Economic Bulletin Issue 4, 2021

> The ECB's Economic Bulletin says the euro area is reopening after a first-quarter contraction and that activity should accelerate in the second half. It expects inflation to rise further before declining as temporary factors fade, and says financing conditions have remained broadly stable since the March meeting.

- Date: 2021-06-24 · published 2021-06-24T12:00:00.000Z
- Category: report · region Europe · magnitude low
- Page: https://feedsoft.ai/events/46807-economic-bulletin-issue-4-2021
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A stable outlook with firm energy-driven inflation supports euro strength and European demand for feed, though the report itself is unlikely to move grain prices on its own.

## Read by commodity

- EURUSD: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2019-03-21 | [Economic Bulletin Issue 2, 2019](https://feedsoft.ai/events/60316-economic-bulletin-issue-2-2019.md) | -0.9% | -0.5% |
| EURUSD | 2023-10-01 | [ECB staff macroeconomic projections for the euro area, September 2023](https://feedsoft.ai/events/34320-ecb-staff-macroeconomic-projections-for-the-euro-area-september-2023.md) | +0.1% | +0.3% |
| EURUSD | 2021-11-22 | [The Fed - Foreign Exchange Rates - H.10 -  November 22, 2021](https://feedsoft.ai/events/44253-the-fed-foreign-exchange-rates-h-10-november-22-2021.md) | -0.5% | -0.2% |
| EURUSD | 2024-04-30 | [Eurozone Preliminary HICP inflation steadies at 2.4% YoY in April, as expected](https://feedsoft.ai/events/30946-eurozone-preliminary-hicp-inflation-steadies-at-2-4-yoy-in-april-as-expected.md) | +0.6% | +1.5% |
| EURUSD | 2025-10-06 | [Federal Reserve Board - Foreign Exchange Rates - H.10 - October 06, 2025](https://feedsoft.ai/events/7205-federal-reserve-board-foreign-exchange-rates-h-10-october-06-2025.md) | -1.1% | -1.8% |

## Sources

- ecb.europa.eu: https://www.ecb.europa.eu/press/economic-bulletin/html/eb202104.en.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.