5 issues to look at on the ASX 200 on Monday 22 August 2022

A male investor wearing a white shirt and blue suit jacket sits at his desk looking at his laptop with his hands to his chin, waiting in anticipation.

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On Friday, the S&P/ASX 200 Index (ASX: XJO) completed the week in a subdued style. The benchmark index rose by a modest 1.7 factors to 7,114.5 factors.

Will the market be capable of construct on this on Monday? Listed here are 5 issues to look at:

ASX 200 anticipated to fall

The Australian share market seems to be set to fall on Monday following a poor evening on Wall Avenue on Friday. In line with the most recent SPI futures, the ASX 200 is anticipated to open the day 29 factors or 0.4% decrease this morning. On Wall Avenue, the Dow Jones was down 0.85%, the S&P 500 dropped 1.3%, and the NASDAQ tumbled 2%.

Oil costs rise

Power producers Santos Ltd (ASX: STO) and Woodside Power Group Ltd (ASX: WDS) shall be on watch after oil costs edged larger on Friday. In line with Bloomberg, the WTI crude oil value is up 0.3% to US$90.77 a barrel and the Brent crude oil value rose 0.1% to US$96.72 a barrel. Nonetheless, this couldn’t cease oil costs from recording weekly declines.

NIB outcomes

The NIB Holdings Restricted (ASX: NHF) share value shall be one to look at on Monday when the personal well being insurer releases its full yr outcomes. In line with CommSec, the market is anticipating the corporate to report a internet revenue after tax of $131 million. That is anticipated to underpin a ultimate dividend of 9.5 cents per share.

Gold value falls

Gold miners Newcrest Mining Restricted (ASX: NCM) and Northern Star Assets Ltd (ASX: NST) might have a troublesome begin to the week after the gold value dropped on Friday evening. In line with CNBC, the spot gold value was down 0.6% to US$1,760.30 an oz.. A robust US greenback put stress on the dear steel final week, main to 5 each day declines out of 5. That is its longest shedding run since November.

Cochlear rated as a purchase

The Cochlear Restricted (ASX: COH) share value may very well be heading larger from right here based on analysts at Goldman Sachs. This morning the dealer has reiterated its purchase score and lifted its value goal on the listening to options firm’s shares to $247.00. Goldman is feeling assured on Cochlear’s outlook, noting that it sees “clear scope for COH to ship on the upper-end of one other stable steerage (+8-13% to $290-305m).”

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