
The European Central Bank raised its deposit rate to 2% from 1.5%, a 50 basis point move that was widely expected. It said rates would need to rise further and laid out plans to shrink its balance sheet by about 15 billion euros a month from March 2023.
Tighter euro-zone policy supports the euro against the dollar and raises financing costs for the region's economy, which can soften demand for feed and other imports over time. The effect on grain prices is indirect.
Setelah 388 peristiwa makro bullish sebelumnya, Euro (USD per EUR) bergerak median +0,3% selama 5 sesi (62% lebih tinggi; separuh tengah -0,4% sampai +1,1%), dan +0,1% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.