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Australian equities tumble at close of trade
On Tuesday, Australian equities declined after the close because losses in the Utilities, IT as well as Industrials sectors suppressed stocks.
The S&P/ASX 200 went down 0.02%.
The best performance on the S&P/ASX 200 was demonstrated by such benchmarks as independence Group NL, Beach Energy Ltd and Automotive Group Holdings Ltd. They soared respectively 4.21%, 3.79% and 2.19%.
On the contrary Spark Infrastructure Group, Virtus Health Ltd and Galaxy Resources Ltd turned to be the losers, slumping respectively 4.46%, 3.90% and 3.79%.
Declining equities outnumbered growing ones on the Sydney Stock Exchange by 663 to 512, while 351 were intact.
Gauging the implied volatility of S&P/ASX 200 options the S&P/ASX 200 VIX slumped 0.33% being worth 13.525.
The currency pair AUD/USD ascended 0.18% being worth 0.7959, AUD/JPY slumped 0.15% trading at 87.03.
The US Dollar Index Futures headed south 0.09% showing 92.49.
The bullish movement in the stock market is gaining speed, and Bitcoin ETFs are closer than they might seem. What do we need to know for the next trading week?
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S&P Global, a private banking company, will release a monthly change in British Flash Manufacturing Purchasing Managers Index (PMI) on January 24, 11:30 GMT+2. The index is a leading indicator of economic health as businesses react quickly to market conditions, and purchasing managers hold the most current and relevant insight into the company's view of the economy.
The United States Bureau of Labor Statistics will publish the US Consumer Price Index (CPI) m/m on January 12 at 15:30 GMT+2. The index measures a change in the price of goods and services purchased by consumers.
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