5 Things to Watch on the ASX 200 on Monday
Image Credit: Pexels The ASX 200 Index (ASX: XJO) ended the week on a high note, with a remarkable gain of 1.15%, closing at 6,978.2 points. But what can we expect for Monday? Let's delve into five key factors to keep an eye on: ASX 200 Expected to Continue Its Rise The Australian share market appears poised for a strong start to the week, following a robust finish on Wall Street last Friday. According to the latest SPI futures, the ASX 200 is anticipated to open 14 points higher, representing a 0.2% increase on Monday. In the United States, the Dow Jones experienced a 0.65% surge, the S&P 500 rose by 0.95%, and the NASDAQ leaped by 1.4%. Oil Prices Experience a Decline For ASX 200 energy shares like Beach Energy Ltd (ASX: BPT) and Santos Ltd ( ASX: STO ), it might be a challenging beginning to the week, as oil prices retreated on Friday. According to Bloomberg, the WTI crude oil price decreased by 2.35% to reach US$80.51 per barrel, while the Brent crude oil price declined...