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 rally at close of trade
On Wednesday, Australian equities surged after the close because profits in the Telecoms Services, Gold and A-REITs sectors lent support to stocks.
The S&P/ASX 200 jumped 0.25% in Sydney.
On the S&P/ASX 200 the top winners were the following benchmarks: Sirtex Medical Ltd, Australian Pharma Industries Ltd and Sigma Pharmaceuticals Ltd. They inched up 45.78%, 4.17% and 4.07% respectively.
As for the key losers, they were represented by Beach Energy Ltd, Pilbara Minerals Ltd and Viva Energy Reit Ltd. They lost respectively 4.06%, 3.57% and 3.26%.
On the Sydney Stock Exchange descending equities outclassed growing stocks by 737 to 523, while 361 were intact.
Equities in Sirtex Medical Ltd tacked on to 52-week maximums, adding 45.78% being worth 27.450.
Indicating the implied volatility of S&P/ASX 200 options, the S&P/ASX 200 VIX slumped 3.54% trading at 12.363.
The currency pair AUD/USD slid 0.09% hitting 0.8076, AUD/JPY declined 0.08% reaching 87.84.
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.