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The Reserve Bank of Australia's March 6 board minutes described solid global growth of around 4 percent in 2017 and steady inflation. Members noted robust Chinese industrial production and mixed conditions across east Asia.
Stable Australian rate policy and solid Asian growth support steady demand for Australian exports. The minutes signal no near-term change in currency or commodity drivers for feed buyers.
rba.gov.auscheme=AGLSTERMS.AglsAgent, corporateName=Reserve Bank of AustraliaMar 6, 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.
