The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) is expected to rebound this morning following a mixed session for international markets on Friday.
Here's a quick recap:
- FTSE 100 (UK): down 1%
- DAX (Germany): down 0.4%
- CAC 40 (France): down 1.07%
- Dow Jones (USA): up 0.15%
- NASDAQ (USA): down 0.12%
A higher oil price could help bolster the share prices of energy-producing businesses such as Santos Ltd (ASX: STO) and Woodside Petroleum Limited (ASX: WPL).
The Origin Energy Ltd (ASX: ORG) share price could also receive some attention today, with the company due to release its quarterly production report.
Iron ore, on the other hand, slipped just over 2% which could weigh on the BHP Billiton Limited (ASX: BHP) share price and the Fortescue Metals Group Limited (ASX: FMG) share price.
Gold was up 0.8%, and the Australian dollar is fetching US79.88 cents.
Cochlear Limited (ASX: COH) has today announced the appointment of Dig Howitt as Cochlear's new CEO and President. Howitt will replace Chris Smith in the roles, with Mr Smith to retire effective 2 January 2018.
Meanwhile, the CSL Limited (ASX: CSL) share price and Ramsay Health Care Limited (ASX: RHC) share price could receive more attention today. The pair fell on Friday following the US Senate's decision to knock back a repeal of Obamacare.
