# 4 April 2017 | Minutes of the Monetary Policy Meeting of the Board | RBA

> The RBA minutes from its 4 April 2017 meeting say global economic conditions continued to improve, with strong growth in merchandise trade volumes. Demand from east Asia and the United States drove the gains. GDP growth was expected to run above potential across the three major advanced economies.

- Date: 2017-04-04 · published 2017-04-04T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/71766-4-april-2017-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

Stronger global trade demand supports commodity export volumes from Australia and Asia, which can firm grain and feed demand. The effect is indirect and gradual.

## Sources

- rba.gov.au: https://www.rba.gov.au/monetary-policy/rba-board-minutes/2017/2017-04-04.html

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