
The European Commission's monthly survey showed eurozone economic confidence fell for a 10th straight month in April to its lowest since September 2016. Industrial confidence weakened and German confidence reached a three-year low, reflecting pressure from the car industry.
The ECB has already extended its stimulus and hopes for a turnaround later in 2019.
Persistent euro-area weakness raises the likelihood of a weaker euro, which tends to support US export competitiveness and pressures dollar-priced feed commodities.
Setelah 533 peristiwa makro bearish sebelumnya, Euro (USD per EUR) bergerak median -0,3% selama 5 sesi (33% lebih tinggi; separuh tengah -1,2% sampai +0,2%), dan -0,5% 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.