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The Reserve Bank of Australia's February 7 minutes show board members saw global activity improving, with inflation rising mainly on higher oil prices. Members expected trading-partner growth to ease later in the forecast period as China slows.
The RBA's outlook on policy and China growth shapes expectations for the Aussie and demand for Australian commodity exports. The minutes give no immediate new price driver.
Not 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.