On Wednesday, American stock index futures headed south because dismal data out of China affected market sentiment, while traders waited for more developments related to the US-China trade conflict…
Australian equities decline at close of trade
On Tuesday, Australian equities slumped after the close because losses in the Telecoms Services, Utilities and Energy sectors suppressed stocks.
The S&P/ASX 200 went down 0.47%.
On the S&P/ASX 200 the winners were represented by A2 Milk Company Ltd, Blackmores Ltd and Nine Entertainment Co Holdings Ltd. They tacked on respectively 6.46%, 6.17% and 3.29%.
As for the worst performers, Retail Food Group Ltd, Speedcast International Ltd and Nanosonics Ltd dived respectively 4.26%, 4.10% and 3.72%.
On the Sydney Stock Exchange diving stocks outnumbered growing equities by 678 to 597, while 383 were intact.
Gauging the implied volatility of S&P/ASX 200 options, the S&P/ASX 200 VIX gained 4.01% being worth 11.563, which is a fresh 1-month maximum.
The currency pair AUD/USD stood still, sticking to 0.7966, AUD/JPY tacked on 0.33% trading at 88.33.
As for the US Dollar Index Futures, it ascended 0.13% hitting 90.25.
On Wednesday, Italian stocks led losses in the European Union right after the country's deputy prime minister told that Rome considers breaking EU fiscal rules, thus masking early revenue powered by optimism around the US-China trade conflict…
On Tuesday, another US-China tariff conflict escalation put pressure on Asian stocks, although remarks from American leader that he expects trade talks to be successful backed market sentiment…
On Monday, gold declined notwithstanding a lower American currency because data underpinned hopes for a Fed interest rate lift…
On Friday, European stock indices fluctuated at the beginning of the trading session…
The Reserve Bank of New Zealand will hold a meeting at 00:00 MT time on August 9.