Hold the line
• Holding on. Quiet end to last week. US equities at record levels. US yields & USD tick up. AUD eased back further. AUD’s first weekly fall in a month.• Event Radar. Global PMIs due (Tues). US PCE deflator also out (Fri). US Fed Chair Powell speaks (Weds AEST). AU CPI indicator scheduled (Weds). Global Trends It was a fairly quiet end to the week after the burst of US Fed inspired volatility the prior few sessions. Data wise there were no major releases in the US or Europe, while in Asia, as expected, the Bank of Japan held interest...