Australian shares are likely to open sharply lower on Tuesday as a selloff in global equities and commodities worsened amid growing anxiety about a slowdown in China's economy.
Foreign investors, considered to be the movers of the market, managed to offset some of their share losses by having purchased the very bets that HNIs and pro desks sold.
With the US and global markets having their worst month in years, here is a breakdown on how bad the damage has been since the declines started last week.