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Reserve Bank of Australia Assistant Governor Christopher Kent gave a speech on how US monetary policy affects Australian financial conditions. He explained that Australia retains monetary autonomy through its floating exchange rate, while banks have reduced reliance on offshore wholesale funding.
The analysis describes monetary transmission and does not announce a policy change, so it has little direct effect on feed commodity prices.
rba.gov.auscheme=AGLSTERMS.AglsAgent, authorName=Kent, ChristopherDec 10, 2018Not 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.
