End of Day Report

ASX 200 craters then rallies to close up 13 points, on its highs for the day at 5292 after testing 5200. Big volume too. Banks suffer a sorry end to a big week despite record profits from Macquarie Group. AUD slides under 74 cents, just, on RBA outlook and inflation downgrade. Asian markets slide on a stronger USD with Japan -0.7% and China -1.8%. US futures -11 points. (VIEW LINK)