[Commerzbank: ECB Will Monitor Oil Prices, But Raising Rates Too Soon in the Short Term] Jin10 News, April 27 – Commerzbank interest rate strategist Rainer Guntermann stated in a report ahead of this week's European Central Bank policy meeting that the ECB is expected to continue closely monitoring elevated oil prices. With the U.S. having suspended negotiation efforts with Iran and the situation in the Strait remaining at an impasse, oil prices are unlikely to see a significant decline in the short term. 'This will keep the ECB on alert, but it is still too early to raise rates this week,' Guntermann said.