Loading…
The ECB's Economic Bulletin describes a moderation in euro-area growth and muted underlying inflation, with geopolitical and protectionist risks weighing on sentiment. It records the March decisions on forward guidance and the TLTRO-III launch, with lending kept as fixed-rate full-allotment operations.
A slower euro-area economy and continued easy policy keep the euro soft and limit European feed demand growth, but the bulletin itself signals no immediate policy shift.
ecb.europa.euPrepared by Alina Bobasu, Mariarosaria Comunale, Ramon Gomez-Salvador, Lucia QuagliettiMar 21, 2019After 54 past report events, EURUSD moved a median +0.1% over 5 sessions (59% higher; middle half -0.4% to +0.8%), 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.
