The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) looks set to rebound today following a strong session for international markets on Friday. At the time of writing, the futures exchange is indicating a 27-point rise at the open thanks, in large part, to Donald Trump's pledge to drive growth.
Here's a quick recap:
- FTSE 100 (UK): down 0.14%
- DAX (Germany): up 0.29%
- CAC 40 (France): up 0.2%
- Dow Jones (USA): up 0.48%
- NASDAQ (USA): up 0.28%
Gold miner OceanaGold Corporation (ASX: OGC) reported its first gold production at the Haile Gold Mine on Friday, which could attract some attention from gold investors. The gold price is sitting at US$1,208 an ounce.
Iron ore declined 0.7%, which could weigh on Fortescue Metals Group Limited (ASX: FMG) and Rio Tinto Limited (ASX: RIO). BHP Billiton Limited (ASX: BHP) could also be impacted, although the miner could also find some support from a 2.5% increase in oil prices.
CSL Limited (ASX: CSL) could receive some more attention today after its shares rose strongly towards the end of last week. The biopharmaceutical giant released a major profit upgrade, restoring the market's confidence in the business.
Retailers OrotonGroup Limited (ASX: ORL) and Shaver Shop Group Ltd (ASX: SSG) could also be back in focus. OrotonGroup's shares were slammed last week following a very poor operating performance, while Shaver Shop shares soared after it sad December sales would be at the upper-end of their recently revised forecast (which, investors should note, was a downgrade on what the company had initially forecast).
Finally, Woolworths Limited (ASX: WOW) may receive some attention from investors. An article in The Australian Financial Review highlighted that a team of fund managers believe Woolworths will again be challenged in 2017, despite a strong jump in share price since early December.
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