# ECB In Focus, While Australia Pokes The Panda | Investing.com

> Global markets were quiet ahead of the ECB meeting, with the dollar mostly firmer and emerging market currencies slightly lower. June WTI crude fell below $61 a barrel for a third session, while gold hovered near $1790. Japan's economy was assessed as improving slowly and the BOJ was expected to hold policy.

- Date: 2021-04-22 · published 2021-04-22T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/47829-ecb-in-focus-while-australia-pokes-the-panda-investing-com
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Lower crude oil reduces biofuel feedstock economics and diesel and freight costs, and a firmer dollar weighs on dollar-denominated grain prices, though the moves are small.

## Read by commodity

- DXY: bullish ▲
- WTI: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2022-07-26 | [Australian dollar rocket running out of fuel \| Investing.com AU](https://feedsoft.ai/events/40742-australian-dollar-rocket-running-out-of-fuel-investing-com-au.md) | -3.1% | -6.5% |
| WTI | 2020-01-27 | [Asia Wrap:"Risk-Off" Dash And Brexit Ahead \| Investing.com](https://feedsoft.ai/events/55362-asia-wrap-risk-off-dash-and-brexit-ahead-investing-com.md) | -4.7% | -5.1% |
| WTI | 2017-07-09 | [Trouble lurks ahead for the Colombian economy - Colombia Focus](https://feedsoft.ai/events/70250-trouble-lurks-ahead-for-the-colombian-economy-colombia-focus.md) | +5.2% | +12.0% |
| WTI | 2021-08-30 | [USD/CAD Falls on Easing PPI, Energy Prices Come Into Focus](https://feedsoft.ai/events/45796-usd-cad-falls-on-easing-ppi-energy-prices-come-into-focus.md) | +0.8% | +9.7% |
| WTI | 2025-05-06 | [Why oil prices are falling and what it means for the economy : NPR](https://feedsoft.ai/events/24843-why-oil-prices-are-falling-and-what-it-means-for-the-economy-npr.md) | +8.3% | +10.0% |
| DXY | 2022-08-29 | [Stocks And Bonds Sell Off, While The Dollar Rallies \| Investing.com](https://feedsoft.ai/events/40299-stocks-and-bonds-sell-off-while-the-dollar-rallies-investing-com.md) | +0.6% | +4.4% |
| DXY | 2022-10-24 | [The US Dollar is much stronger - how will it impact the Australian economy? \| Investing.com AU](https://feedsoft.ai/events/39396-the-us-dollar-is-much-stronger-how-will-it-impact-the-australian-economy.md) | -0.4% | -2.3% |
| DXY | 2024-02-27 | [Australian dollar crushed under US megaboom \| Investing.com AU](https://feedsoft.ai/events/31928-australian-dollar-crushed-under-us-megaboom-investing-com-au.md) | -0.2% | -0.0% |

## Sources

- investing.com: https://www.investing.com/analysis/ecb-in-focus-while-australia-pokes-the-panda-200574631

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