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The RBA published minutes of its 5 December 2017 meeting, which discussed strong global industrial production, solid advanced-economy growth and the outlook for Chinese demand. Members kept the cash rate unchanged.
The minutes confirm a steady policy path and a firm global growth backdrop, which supports commodity demand over time but gives no immediate price signal for feed commodities.
rba.gov.auscheme=AGLSTERMS.AglsAgent, corporateName=Reserve Bank of AustraliaDec 5, 2017Not 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.
