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5 things to watch at ASX 200 on Thursday


On Wednesday, the S & P / ASX 200 index went back to training and rose 0.5% to 6,673.3 points.

Can the market be built this Thursday? Here are five things to see:

ASX about to download.

The Australian stock market seems to win again some of yesterday's gains after the gains in the United States were disappointed. According to the latest SPI futures, the ASX 200 index is about to open 0.2% or 12 points this morning. On Wall Street, the Dow Jones fell 0.4%, the S & P 500 dropped 0.65% and the Nasdaq dropped 0.45%.

South32 Update

Today is the turn of BHP Group Ltd. (ASX: BHP) is deactivated South32 Ltd (ASX: S32) to publish its latest quarterly update. With the actions of the diversified mining giant reaching a minimum of 52 weeks of $ 3.00 on Wednesday, expectations are very low.

Oil prices sink.

Producers of energy like Santos Ltd (ASX: STO) i Woodside Petroleum Limited (ASX: WPL) could again put pressure on Thursday after oil prices continued on its slide. According to Bloomberg, the crude oil price of WTI sank 1.8% to 56.56 US dollars a barrel and Brent crude oil prices dropped 1.3% to $ 63.51 a barrel. A sharp increase in US oil inventories weighed on oil prices overnight.

Gold price hikes.

Gold miners included Newcrest Mining Limited (ASX: NCM) i Northern Star Resources Ltd (ASX: NST) may be on the rise this morning after the price of gold has increased faster overnight. According to CNBC, the price of the work in cash increased by 1.2% to $ 1,428.20 at the wave. It seems that this has been driven by comments from the Ray Dalio coverage fund base. He revealed that he sees a case to buy gold, as central banks become more aggressive with policies that devalue the currencies.

CIMIC results.

He CIMIC Group Ltd. The price of the shares (ASX: CIM) will be pending today after the launch of its half year results after closing the market on Wednesday. CIMIC obtained an increase in the benefits of 1% to 367 million dollars and confirmed its annual orientation of 790 million to 840 million dollars. This was below the estimate of Goldman Sachs for a 9% increase in the underlying net profit after a tax of $ 396 million.

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James Mickleboro, a contributor to Motley Fool, has no place in any of the aforementioned actions. The Motley Fool Australia has no position in any of the aforementioned actions. The Fools may not have all the same opinions, but we all believe that considering a diverse range of knowledge makes us the best investors. Motley Fool has a disclosure policy. This article only contains tips on general investments (according to AFSL 400691). Authorized by Scott Phillips.

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