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ECB Vice-President Vítor Constâncio gave a speech at a Central Bank of Malta conference reviewing the evolution of euro-area monetary policy since 1999. The speech discusses the historical phases of ECB policy and lessons for economic thinking.
This is a historical policy review with no new policy decision, so it has little immediate effect on feed commodity prices.
After 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.