# Economic Bulletin Issue 1, 2021

> The ECB's Economic Bulletin says the start of vaccination campaigns is an important milestone, but renewed infections and containment measures are disrupting euro area activity. Output is likely to have contracted in Q4 2020 and inflation remains very low. The bank says ample monetary stimulus remains essential.

- Date: 2021-02-04 · published 2021-02-04T12:00:00.000Z
- Category: macro · region Europe · magnitude low
- Page: https://feedsoft.ai/events/48854-economic-bulletin-issue-1-2021
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Weak euro area demand and continued accommodative policy keep the euro under pressure, which can influence dollar-denominated feed and oilseed pricing for European buyers.

## Read by commodity

- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2018-09-27 | [Economic Bulletin Issue 6, 2018](https://feedsoft.ai/events/63248-economic-bulletin-issue-6-2018.md) | -2.0% | -3.3% |
| EURUSD | 2016-12-22 | [Economic Bulletin Issue 8, 2016](https://feedsoft.ai/events/73655-economic-bulletin-issue-8-2016.md) | +0.6% | +3.1% |
| EURUSD | 2019-04-29 | [Eurozone economic confidence at lowest since 2016 \| The National](https://feedsoft.ai/events/59796-eurozone-economic-confidence-at-lowest-since-2016-the-national.md) | +0.3% | +0.4% |
| EURUSD | 2020-12-10 | [ECB boosts economic stimulus package as Covid-19 hits recovery – The Irish Times](https://feedsoft.ai/events/49857-ecb-boosts-economic-stimulus-package-as-covid-19-hits-recovery-the-irish-times.md) | +0.8% | +0.7% |
| EURUSD | 2024-04-26 | [The euro and depreciation – shake, shake it off \| Oxford Economics](https://feedsoft.ai/events/30945-the-euro-and-depreciation-shake-shake-it-off-oxford-economics.md) | -0.1% | +1.0% |

## Sources

- ecb.europa.eu: https://www.ecb.europa.eu/press/economic-bulletin/html/eb202101.en.html

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