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 inch down at close of trade
On Thursday, Australian equities slumped after the close because losses in the Gold, Utilities as well as Industrials sectors suppressed shares.
The S&P/ASX 200 went down 0.83% to reach a fresh 6-months minimum.
The best performers of the session on the S&P/ASX 200 included G8 Education Ltd, Tassal Group Ltd and Santos Ltd. They inched up respectively 4.91%, 2.34% and 2.30%.
The losers were represented by Syrah Resources Ltd, Resolute Mining Ltd and Galaxy Resources Ltd. They slumped 6.75%, 5.65% and 5.82% respectively.
On the Sydney Stock Exchange diving stocks outnumbered advancing equities by 722 to 413, while 360 were intact.
Assessing the implied volatility of S&P/ASX 200 options, the S&P/ASX 200 gained 12.93% trading at 13.494.
The currency pair AUD/USD decreased 0.73% being worth 0.7972, AUD/JPY went down 0.57% trading at 89.61.
The US Dollar Index Futures managed to grow 0.11% hitting 92.32.
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.