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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 US NFP will be published on August 7 at 15:30 MT time.
The market sentiment is indeed risk-on today. Stocks, riskier currencies and gold are rising amid the waning US dollar.
Follow the BOE monetary policy and rate statements on August 6 at 14:00 MT time…