On Friday, the S&P/ASX 200 Index (ASX: XJO) ended the week with a decline. The benchmark index fell 0.1% to 8,580.1 points.
Will the market be able to bounce back from this on Monday? Here are five things to watch:
ASX 200 expected to fall
The Australian share market looks set to fall again on Monday after a poor finish to the week on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open the day 13 points or 0.15% lower. In the United States, the Dow Jones was down 0.6%, the S&P 500 fell 0.3%, and the Nasdaq edged 0.2% lower.
Oil prices rise
It could be a good start to the week for ASX 200 energy shares Santos Ltd (ASX: STO) and Woodside Energy Group Ltd (ASX: WDS) after oil prices rose on Friday night. According to Bloomberg, the WTI crude oil price was up 2.8% to US$68.45 a barrel and the Brent crude oil price was up 2.5% to US$70.36 a barrel. Tight market conditions and potential sanctions against Russia boosted prices.
Buy Champion Iron shares
The Champion Iron Ltd (ASX: CIA) share price could be in the buy zone according to analysts at Bell Potter. Ahead of its quarterly update, the broker has retained its buy rating on the iron ore miner's shares with a trimmed price target of $5.40. It said: "FY26 is a transition year for CIA with the shift into higher grade production from 2026 supporting improved prices and earnings amid an iron ore price environment generally expected to weaken. Free cash flow should also improve from 2026 with major capital programs completed."
Gold price storms higher
ASX 200 gold shares Newmont Corporation (ASX: NEM) and Northern Star Resources Ltd (ASX: NST) could have a good start to the week after the gold price stormed higher on Friday night. According to CNBC, the gold futures price was up 1.15% to US$3,364 an ounce. Traders were looking for safe haven assets after US President Donald Trump imposed fresh tariffs on the EU and Mexico.
Buy Treasury Wine shares
The team at Bell Potter thinks investors should be buying Treasury Wine Estates Ltd (ASX: TWE) shares. The broker told The Bull that it thinks its valuation is compelling at current levels. It said: "Despite a recent earnings downgrade driven by weakness in the US premium wine market and distributor disruptions in California, TWE's valuation now looks compelling. The DAOU Vineyards acquisition is delivering strong synergies and growth, which partially offsets softness in legacy brands."
