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Reuters reports that Mario Draghi is leaving Christine Lagarde to heal divisions at the European Central Bank after a public split over resuming government bond purchases. The ECB agreed last month to restart asset purchases to lift growth and inflation.
ECB policy shifts mainly move the euro and European rates, with limited direct effect on feed grain or protein prices.
jp.reuters.comBalazs KoranyiOct 29, 2019After 129 past neutral macro events, Euro (USD per EUR) moved a median -0.1% over 5 sessions (45% higher; middle half -0.5% to +0.5%), 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.
