Stocks to watch on the Australian stock exchange:

BHP – BHP BILLITON

FMG – FORTESCUE METALS GROUP

RIO – RIO TINTO

The price of iron has again fallen, dropping below the $US55 mark, down $US3.30 at $US54.99.

IPL – INCITEC PIVOT

Incitec Pivot is slated to post half-year results

ORG – ORIGIN ENERGY

STO – SANTOS

WPL – WOODSIDE PETROLEUM

Oil prices have continued their recent decline, with WTI crude falling $US1.42, or 3.18 per cent, to $US43.24.