# Eurozone: Eyes on economic indicators to gauge the ECB's mood - ING - Forex Crunch

> ING analysts said investors would watch Eurozone indicators, especially the flash August CPI, to gauge the ECB's stance at its mid-September meeting. They flagged political risks from Turkey and Italy, including a Fitch review of Italian sovereign debt, which they said would likely cap euro rallies.

- Date: 2018-08-27 · published 2018-08-27T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/63738-eurozone-eyes-on-economic-indicators-to-gauge-the-ecb-s-mood-ing-forex-crunch
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Political risk capping the euro supports a firmer dollar, which weighs on dollar-priced feed commodities and raises costs for euro-zone importers. The impact on commodity prices is limited.

## Read by commodity

- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2021-05-27 | [EUR/USD: Recent shifts in ECB and Fed rhetoric are bearish for the euro - MUFG - Forex Crunch](https://feedsoft.ai/events/47298-eur-usd-recent-shifts-in-ecb-and-fed-rhetoric-are-bearish-for-the-euro-mufg.md) | -0.7% | -2.3% |
| 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 | 2021-02-26 | [EUR/USD set to end the week on a sour note, drops sharply back below 1.2100 - Forex Crunch](https://feedsoft.ai/events/9591-eur-usd-set-to-end-the-week-on-a-sour-note-drops-sharply-back-below-1-2100.md) | -1.5% | -3.7% |
| EURUSD | 2019-03-06 | [Will The ECB Crush The Euro? \| Investing.com](https://feedsoft.ai/events/60314-will-the-ecb-crush-the-euro-investing-com.md) | -0.2% | -1.0% |
| EURUSD | 2018-08-10 | [It took Turkey to send EUR/USD to new 2018 lows - Forex Crunch](https://feedsoft.ai/events/11067-it-took-turkey-to-send-eur-usd-to-new-2018-lows-forex-crunch.md) | -1.5% | +0.1% |

## Sources

- forexcrunch.com: https://www.forexcrunch.com/blog/2018/08/27/eurozone-eyes-on-economic-indicators-to-gauge-the-ecbs-mood-ing/

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