The US authorities filed a lawsuit against Facebook - what are the implications?
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.
Russian media companies are complaining that Youtube and Facebook block them. So sad. Now, what about the stock price?
Have you seen the Tesla stock price? But it has already dropped from that high... will it move up again?
The Canadian central bank will make a monetary policy report and announce interest rates on Wednesday, January 20, at 17:00 MT time. Also, the BOC press conference will be held later.
USD’s rally takes a pause, while riskier assets are modestly rising.
We are now past the middle of January, and this means that the largest US companies will report their earnings for the fourth quarter and many of them will provide the results of the entire 2020.