The Australian share market edged higher on Friday to post a weekly gain after a volatile stretch. Softer employment figures have tempered expectations for another interest rate rise, while US-Iran negotiations remain uncertain. Energy and mining sectors led gains, though defensive stocks retreated. Company-specific moves dominated, with fast food chain Guzman surging after exiting US operations. Ahead lies crucial inflation data that could shape the Reserve Bank's next decision.

Steve Daghlian and Laura Besarati are Market Analysts at CommSec. Each episode, they break down the day's market movements and explain what the numbers really mean.

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