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The Reserve Bank of Australia board minutes from its 3 July 2018 meeting show GDP growth of 3.1% over the year to the March quarter, above trend estimates. Consumption was subdued in the March quarter but had risen close to 3% over the year.
Solid Australian growth and the policy outlook shape the Australian dollar's value, which affects the cost of Australian commodity exports.
rba.gov.auscheme=AGLSTERMS.AglsAgent, corporateName=Reserve Bank of AustraliaJul 3, 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.
