
The European Central Bank raised its key rates by 75 basis points to the highest level since 2009 and made the terms of its three-year bank loans less favourable. Markets pared back some expectations for further rate hikes.
Tighter euro-area policy strengthens the euro and lifts borrowing costs, which can weigh on feed-sector credit and eurozone demand for imported feed. The effect on grain prices is indirect.
Setelah 129 peristiwa makro netral sebelumnya, Euro (USD per EUR) bergerak median -0,1% selama 5 sesi (45% lebih tinggi; separuh tengah -0,5% sampai +0,5%), 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.