The ASX 200 fell on Friday, marking the largest decline of the week after a strong four-day winning streak. Materials stocks led losses as the Federal Reserve signalled potential rate hikes later this year, weighing on commodities and the Aussie dollar. Inflation data and employment figures next week will be key market drivers, while a quarterly index rebalance on Monday may create trading opportunities.

Steve Daghlian is a Market Analysts at CommSec. Each episode, he breaks down the day's market movements and explain what the numbers really mean.

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