
The ECB published the account of its June monetary policy meeting. It reported rising global risk aversion, escalating trade tensions, and steel and aluminium tariffs on Canada, Mexico and the EU.
It also noted that the spread between two-year US and German yields had widened to over 300 basis points.
Wider rate differentials and trade-driven volatility tend to support the dollar, which pressures dollar-priced agricultural commodities for importers.
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.