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 Thursday, Australian stocks headed south because losses in the Energy, Gold as well as Resources sectors suppressed stocks.
The S&P/ASX 200 dived 0.02% in Sydney reaching a fresh 1-month minimum.
On the S&P/ASX 200 the top notch winners were represented by Speedcast International Ltd, Nanosonics Ltd and Duluxgroup Ltd. They rallied respectively 3.11%, 2.33% and 1.90%.
As for the worst performers, they were such benchmarks as Galaxy Resources Ltd, Whitehaven Coal Ltd and Pilbara Minerals Ltd. They lost 6.63%, 6.18% and 5.63% respectively.
On the Sydney Stock Exchange diving stocks outclassed growing ones by 652 to 583, while 395 stood still.
Gauging the implied volatility of S&P/ASX 200 options, the S&P/ASX 200 VIX slumped 7.74% hitting 11.539.
The currency pair AUD/USD headed south 0.03% being worth 0.7965, AUD/JPY went down 0.08% trading at 88.60.
Besides this, the US Dollar Index Futures declined 0.06% showing a reading of 90.60.
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.