On Monday, the S&P/ASX 200 Index (ASX: XJO) fought back from a poor start to end the day higher. The benchmark index rose 0.45% to 9,019.3 points.
Will the market be able to build on this on Tuesday? Here are five things to watch:
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ASX 200 to rise
The Australian share market looks set for a positive session on Tuesday following a strong night on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open the day 3 points higher. In the United States, the Dow Jones rose 1.3%, the S&P 500 climbed 1.5%, and the Nasdaq jumped 2.1%.
Buy Cedar Woods shares
Cedar Woods Properties Ltd (ASX: CWP) shares are good value according to analysts at Bell Potter. This morning, the broker has retained its buy rating and $9.30 price target on the property developer's shares. It said: "CWP's outlook is positive with sustainable, above sector average earnings growth, with FY27 revenue largely de-risked and a growing number of projects contributing to settlements in FY28. Demand is underpinned by resilient 1st homebuyer exposure and structural undersupply amid population growth, despite tax changes and higher rates."
Oil prices tumble
ASX 200 energy shares including Beach Energy Ltd (ASX: BPT) and Santos Ltd (ASX: STO) could be under pressure today after oil prices tumbled overnight. According to Bloomberg, the WTI crude oil price is down 5.3% to US$80.17 a barrel and the Brent crude oil price is down 4.8% to US$83.73 a barrel. Traders were selling oil after the US and Iran paused fighting.
Gold price edges higher
ASX 200 gold shares Genesis Minerals Ltd (ASX: GMD) and Capricorn Metals Ltd (ASX: CMM) will be in focus after the gold price edged higher overnight. According to CNBC, the gold futures price is up slightly to US$4,107.3 an ounce. A weaker US dollar and falling oil prices boosted the precious metal.
Credit Corp results
Credit Corp Group Ltd (ASX: CCP) shares will be on watch today when the debt collector releases its FY 2026 results. Credit Corp is guiding to gross lending of $420 million to $430 million in FY 2026, which represents 15% growth at the midpoint of the range. This is expected to underpin a net profit after tax in the range of $100 million to $110 million. This will be up from $94 million in FY 2025.
