Marcus Weekend

Wall Street had a half day on Friday following the holiday on Thursday. A lot of US traders have been on holiday all week and will be next week, so volume overnight was predictably half the usual volume. The US markets all behaved last night despite Nvidia falling 1.9% on a delay in the launch…

Diary Next Week

DIARY NEXT WEEK Inflation rates will headline next week as we see Australian CPI numbers on Wednesday morning, EU Inflation rate on Thursday night and US PCE Price Index (the Fed's preferred measure of inflation) early on Friday morning. Michele Bullock described Austrlian inflation as "homegrown" last Thursday night and estimated it will take more than…