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The ECB's account of its July 15-16, 2020 monetary policy meeting describes financial conditions approaching pre-pandemic levels and stabilising factors in markets. It also flags risks from rising COVID-19 cases and renewed trade tensions.
Routine central bank minutes give limited new direction for feed prices; the mention of trade tensions and easy financial conditions is background for euro and risk sentiment.
ecb.europa.euEuropean Central BankAug 20, 2020After 1,108 past macro events, Euro (USD per EUR) moved a median -0.1% over 5 sessions (46% higher; middle half -0.7% to +0.6%), and -0.3% 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.
