市场见解

5 things to watch on the ASX 200 on Wednesday

BHP Group Ltd (ASX:BHP) and Coles Group Ltd (ASX:COL) shares will be on watch on the ASX 200 on Wednesday…
The post 5 things to watch on the ASX 200 on Wednesday appeared first on The Motley Fool Australia. –

Young man with laptop watching stocks and trends while thinking

On Tuesday the S&P/ASX 200 Index (ASX: XJO) was out of form and dropped lower. The benchmark index fell 0.2% to 7,033.8 points.

Will the market be able to bounce back from this on Wednesday? Here are five things to watch:

ASX 200 expected to rise

It looks set to be a decent day of trade for the Australian share market on Wednesday. According to the latest SPI futures, the ASX 200 is expected to open the day 15 points or 0.2% higher this morning. This is despite a reasonably poor night of trade on Wall Street, which saw the Dow Jones and S&P 500 trade flat and the Nasdaq fall 0.35%.

Oil prices jump

It could be a good day for energy producers such as 桑托斯集团 (ASX: STO) and 能源 - 伍塞德石油 (ASX: WPL) on Wednesday after oil prices rebounded. According to Bloomberg, the WTI crude oil price is up 2.1% to US$63.22 a barrel and the Brent crude oil price has risen 1.6% to US$66.71 a barrel. Traders were buying oil amid optimism that OPEC will not increase production due to rising COVID cases.

Coles third quarter update

The Coles Group Ltd (ASX: COL) share price will be one to watch this morning when it releases its third quarter update. According to a note out of Goldman Sachs, it expects Coles to report a 3% decline in comparable food sales for the quarter but a 2% increase in liquor sales. This is expected to lead to total sales of $9,039.6 million, comprising food sales of $7,960.4 million and liquor sales of $802.5 million.

Gold price falls

Gold miners Evolution Mining Ltd (ASX: EVN) and Newcrest Mining Limited (ASX: NCM) will be on watch after the gold price edged lower overnight. According to CNBC, the spot gold price is down 0.25% to US$1,775.60 an ounce. Traders appear nervous ahead of the next US Federal Reserve meeting.

Iron ore price continues to rise

BHP Group Ltd (ASX: BHP) and 力拓集团 (ASX: RIO) shareholders will be pleased to see that the iron ore price has continued its rise. According to Metal Bulletin, the spot iron ore price rose a further 0.9% to US$195.31 per tonne. This is a record high for the steel making ingredient.

Where to invest $1,000 right now

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes are the five best ASX stocks for investors to buy right now. These stocks are trading at dirt-cheap prices and Scott thinks they are great buys right now.

See The 5 Stocks

*Returns as of February 15th 2021

More reading

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of COLESGROUP DEF SET. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

The post 5 things to watch on the ASX 200 on Wednesday appeared first on The Motley Fool Australia.

随时随地,交易世界!

移动APP平台,拥有 12 个市场的 50,000 多种全球上市证券(全球市值超过 70%),直接在您的 Android 或 iOS 设备上即可操作。

与独有的交易理念和投资分析工具相结合,帮助您在我们 12 个全球市场中的几乎所有金融工具上找到可操作的见解,从而帮助您优化交易策略。

推荐给您的朋友

向您的朋友推荐Monex并赠予他们免费使用我们交易工具的机会

我们尊重您的隐私,只会向您的朋友发送一封邮件 

与您的朋友分享

Share on facebook
Share on twitter
Share on linkedin

Monex Trading Tools Access and Usage Terms

The Monex Trading Tools (referred to as ‘tools’ hereafter) are available to you inside your client portal;


To activate access to the tools, you must have a verified and approved trading account and have made a deposit of at least AUD $1000.


An active and funded account with a positive trading balance is required to continue to have access to the tools;


Although the tools are available to you indefinitely, Monex Securities may at it’s discretion disable access to the tools in the future;


Monex securities reserves the right to change these terms and conditions from time to time, as it sees fit, without notice.

Important Notice
iOS & Android App - 12 International Markets & Over 70% Global Market Cap. $0 Brokerage On US Trades. Click Here!