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The RBA published minutes from its 1 October 2019 policy meeting. Board members said heightened policy uncertainty from US-China trade tensions was weighing on trade and business investment.
They noted these disputes posed significant downside risks to the global outlook.
The minutes point to weaker global trade and manufacturing demand, which can soften commodity demand. The effect on feed-grain prices is indirect and limited.
rba.gov.auscheme=AGLSTERMS.AglsAgent, corporateName=Reserve Bank of AustraliaOct 1, 2019Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
