The European Central Bank's Governing Council has decided to raise key interest rates by 25 basis points to combat rising inflation pressures, particularly due to the ongoing conflict in the Middle East. The Council remains committed to achieving a medium-term inflation target of 2% while navigating economic uncertainties and will adopt a data-dependent approach for future policy decisions.
| Policy Rate | 2.00% |
| EUR/USD | 1.1525 |
| GDP Growth | 1.9% |
| M2 Growth | 4.7% |
| 10Y Yield | 3.13% |
| 2y10y Spread | +0.51% |
| Credit Spread | 0.31% |
Top traded commodities for Eurozone
| Commodity | Price | 1D | 30D |
|---|---|---|---|
| Brent Crude Oil | 69.56 USD/barrel | +1.3% | -34.9% |
| Natural Gas (EU) | 15.90 USD/MMBtu | +3.3% | +16.0% |