The Trading Day Morning Jumpstart Macro View 2/05/22

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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 2/05/22 (as at 7:30am AEST)

SPI200 (Jun) overnight futures down 94 pts to 7315
SP500 down 155.57 pts to 4131.93
NASDAQ Composite down 536.89 pts to 12334.64
Dow Jones down 939.18 pts to 32977.21
FTSE100 up 35.36 pts to 7544.55
DAX30 up 118.04 pts to 14097.88
GOLD futures US session (Jun) up $20.40 to $1911.70 an ounce
COPPER futures US session (Comex Jul) down $0.0465 to $4.3870 a pound
OIL futures US Session (Nymex Jun) down $0.67 to $104.69 a barrel
CRB Index up 0.25 pts to 308.27
AUDUSD trading at 0.7061
EURUSD trading at 1.0545
GBPUSD trading at 1.2574
USDJPY trading at 129.7000
USD Index US Session (ICE Jun) down 0.429 to 103.230

ECONOMIC DATA OUT TODAY (AEST)

AUD MI Inflation Gauge 11am

AUD ANX Job Adverts 11:30am

EUR German Retail Sales 4pm

GBP Bank Holiday

EUR German Final Manufacturing PMI 5:55pm

USD ISM Manufacturing PMI 12am

The ASX200 is expected to open down 85/90 points after a savage selloff in the US to end the month.

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