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ECB minutes show a deep policy rift as the Draghi era closes. The central bank had decided last month to cut deposit rates further into negative territory and to restart open-ended bond purchases to stimulate a slowing economy.
Looser euro-area monetary policy can weaken the euro and marginally support dollar-priced commodities, but the effect on feed markets is small.
reuters.comBalazs KoranyiOct 10, 2019After 533 past bearish macro events, Euro (USD per EUR) moved a median -0.3% over 5 sessions (33% higher; middle half -1.2% to +0.2%), and -0.5% 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.
