Morning Jumpstart Macro View 7/02/22

happy coffee
Charts powered by TD365.com

Follow on FaceBook – Twitter – LinkedIn – YouTube and Instagram!!


New Video format for the Morning Jumpstart covering key levels and markets to watch for price action setups.

OVERNIGHT MARKET SNAPSHOT FOR MONDAY 7/02/22 (as at 8:30am AEDT)

SPI200 (Mar) overnight futures down 41 pts to 6993
SP500 up 23.09 pts to 4500.53
NASDAQ Composite up 219.19 pts to 14098.01
Dow Jones down 21.42 pts to 35089.74
FTSE100 down 12.44 pts to 7516.40
DAX30 down 268.91 pts to 15099.56
GOLD futures US session (Apr) up $3.70 to $1807.80 an ounce
COPPER futures US session (Comex Mar) up $0.0352 to $4.5062 a pound
OIL futures US Session (Nymex Mar) up $2.04 to $92.31 a barrel
CRB Index up 1.30 pts to 261.29
AUDUSD trading at 0.7072
EURUSD trading at 1.1449
GBPUSD trading at 1.3531
USDJPY trading at 115.2600
USD Index US Session (ICE Mar) up 0.076 to 95.455

ECONOMIC DATA OUT TODAY (AEDT)

AUD Retail Sales and ANZ Job Adverts 11:30am

CNY Caixin Services PMI 12:45pm

EUR German Industrial Production 6pm

EUR ECB President Lagarde Speaks 2:45am

The ASX200 is expected to open down 40/45 points after the SPI200 reacted down off the 7010 zone into the US close. Bulls will need to make a good show on open to hold above 6945 and push up through 7010.

Do you have a comment...okay, lets hear it!!