It was a bitter end to the week with the market closing down by 0.15%. 5 of the 11 sectors finished higher, energy was the best performer while tech took a hit, lowering 2.73%. Coronado Resources lifted after its earnings results. But Newcrest fell on the back of disappointing earnings results from its US takeover bidder Newmont. Ahead next week, inflation data will be in focus in Australia. Overseas, interest rate decisions by the US Federal Reserve and ECB will take the spotlight. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

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