The Trading Day Morning Jumpstart Macro View 7/03/22

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

OVERNIGHT MARKET SNAPSHOT FOR MONDAY 7/03/22 (as at 8:30am AEDT)

SPI200 (Mar) overnight futures up 28 pts to 7119
SP500 down 34.62 pts to 4328.87
NASDAQ Composite down 224.50 pts to 13313.44
Dow Jones down 179.86 pts to 33614.80
FTSE100 down 251.71 pts to 6987.14
DAX30 down 603.86 pts to 13094.54
GOLD futures US session (Apr) up $30.70 to $1966.60 an ounce
COPPER futures US session (Comex May) up $0.1360 to $4.9175 a pound
OIL futures US Session (Nymex Apr) up $8.01 to $115.68 a barrel
CRB Index up 10.75 pts to 299.95
AUDUSD trading at 0.7370
EURUSD trading at 1.0928
GBPUSD trading at 1.3230
USDJPY trading at 114.8200
USD Index US Session (ICE Mar) up 0.704 to 98.495

ECONOMIC DATA OUT TODAY (AEDT)

AUD ANZ Job Adverts 11:30am

CNY Trade Balance Tentative

EUR German Factory Orders and Retail Sales 6pm

The ASX200 is expected to open up 40 points thanks mainly to a last minute spike into the US close from the SPI200.

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