AAP

The ASX200 has climbed 0.7 per cent as investors feel more confident global central banks will stop tightening rates earlier than previously thought.

The local share market has recouped most of its morning losses to finish down 0.2 per cent, ending the week in positive territory.

The death of an Indigenous teenager from a self-inflicted injury has prompted Western Australia's government to close a youth detention facility.

Inflation cooled to 4.9 per cent over the 12 months to October, down from the 5.6 per cent growth recorded by the Australian Bureau of Statistics in September.

The Reserve Bank is set to scrutinise the latest retail trade figures as it continues its battle to wrestle inflation back to its target rate.

US stocks have closed mixed as investors digested data pointing to possible slowing economic conditions.

Australian banking customers will be better protected from scammers under a suite of changes introduced by the industry.

The local share market closed down 0.6 per cent to hit its lowest level in a week following a speech by RBA governor Michelle Bullock.

The ASX200 finished 0.1 per cent lower, in the bourse's fourth straight session of quiet trading during a holiday week in the United States.