The market is losing some steam, or at least consolidating recent gains as we head into the Easter break. Monthly inflation data for Australia out tomorrow (3.5% exp) ahead of Retail Sales (0.4% exp) on Thursday while Good Friday sees key US personal consumption data that feeds into the all-important inflation picture, alongside a speech by Fed Treasurer Jerome Powell, both while markets are closed. It’s therefore easy to comprehend a lack of conviction on the buy side as stocks flirt with all-time highs.