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 edge down at close of trade
On Thursday, Australian shares dived after the close. It’s because losses in the Gold, IT as well as Metals & Mining sectors put pressure on stocks.
The S&P/ASX 200 went down 0.69%.
On the S&P/ASX 200 the best performers included Myer Holdings Ltd, Mayne Pharma Group Ltd and Skycity Entertainment Group Ltd. They ascended respectively 6.08%, 4.88% and 3.49%.
As for the worst performers, they were represented by such benchmarks as Aristocrat Leisure Ltd, Independence Group NL, Independence Group NL and Iress Ltd. They went down respectively 7.33%, 5.62% and 4.06%.
On the Sydney Stock Exchange diving stocks outnumbered rallying equities by 670 to 560. Meanwhile, 357 were intact.
Measuring the implied volatility of S&P/ASX 200 options, the S&P/ASX 200 VIX gained 6.70% hitting 12.470.
The currency pair AUD/USD edged up 0.25% reaching 0.7590, AUD/JPY tacked on 0.38% being worth 85.05.
As for the US Dollar Index Futures, it decline 0.12% showing an outcome of 93.11.
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.