Local market's winning run set to end The Australian share market's run of five straight gains looks set to end, as global markets posted a soft night of trade. Here's what you need2know this Friday morning: In economic news on Friday, ANZ makes its monthly interest rate decision. US stocks have fallen, with uninspired trade putting a halt to the S&P 500"s streak of seven straight gains. The broad-market S&P 500 slipped 5.71 (0.34 per cent) to 1,683.42 European stock markets and the euro steadied as traders reacted to a drop in eurozone industrial production and awaited a key meeting on Syria. Britain's government meanwhile officially launched plans to privatise more than half of Royal Mail, saying an initial sale of shares in the state-run postal service would occur within weeks. London's benchmark FTSE 100 index was virtually unchanged at 6,588.98 points. Frankfurt's DAX 30 dipped 0.02 per cent to 8,494.00 points and the CAC 40 in Paris slipped 0.30 per cent to 4,106.63 points. Asian markets closed mostly higher as investors took a breather after a rally at the start of the week, but Tokyo slipped on profit taking and a stronger yen. Hopes that the United States and Russia would be able to make a deal that will avoid a US led military strike on Syria provided buying support as markets on Thursday awaited fresh trading cues. Tokyo dipped 0.26 per cent, or 37.8 points, to 14,387.27. Hong Kong was flat, edging up 16.58 points to 22,953.72. Global oil prices have climbed after the International Energy Agency raised its demand outlook for next year. Analysts say the continuing geopolitical uncertainty over a diplomatic solution to Syria's chemical weapons underpinned the market. The US benchmark contract, West Texas Intermediate for October delivery, added $US1.04 to close at $US108.60 on the New York Mercantile Exchange overnight. Europe's main contract, Brent North Sea crude for October, jumped $US1.13 to $US112.63 a barrel in London trade.