# 5 February 2019 | Minutes of the Monetary Policy Meeting of the Board | RBA

> The Reserve Bank of Australia's February 5 board minutes show members judged downside risks to the global outlook had increased, with trade tensions and slowing Chinese demand as key concerns. Members also noted US tariff exports to China had fallen sharply in late 2018.

- Date: 2019-02-05 · published 2019-02-05T12:00:00.000Z
- Category: report · region Australia · magnitude low
- Page: https://feedsoft.ai/events/60850-5-february-2019-minutes-of-the-monetary-policy-meeting-of-the-board-rba
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Weaker Chinese demand and trade tension risk reduce Australian export volumes and prospects for grain and meal demand, while supporting a dovish RBA stance that weighs on the Aussie.

## Read by commodity

- AUDUSD: bearish ▼

## Sources

- rba.gov.au: https://www.rba.gov.au/monetary-policy/rba-board-minutes/2019/2019-02-05.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.