The Trading Day Morning Jumpstart Macro View 3/05/22

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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 TUESDAY 3/05/22 (as at 7:30am AEST)

SPI200 (Jun) overnight futures down 25 pts to 7299
SP500 up 23.45 pts to 4155.38
NASDAQ Composite up 201.38 pts to 12536.02
Dow Jones up 84.29 pts to 33061.50
FTSE100 closed
DAX30 down 158.81 pts to 13939.07
GOLD futures US session (Jun) down $48.10 to $1863.60 an ounce
COPPER futures US session (Comex Jul) down $0.1255 to $4.2830 a pound
OIL futures US Session (Nymex Jun) up $0.48 to $105.17 a barrel
CRB Index up 0.89 pts to 309.16
AUDUSD trading at 0.7052
EURUSD trading at 1.0505
GBPUSD trading at 1.2489
USDJPY trading at 130.1800
USD Index US Session (ICE Jun) up 0.662 to 103.625

ECONOMIC DATA OUT TODAY (AEST)

JPY Bank Holiday

CNY Bank Holiday

AUD RBA Rate Statement and Cash Rate 2:30pm

EUR German Unemployment Change 5:55pm

EUR Eurogroup Meetings

USD Jolts Job Openings 12am

The ASX200 is expected to open down 25 points after a late session bounce saved buyers from more carnage on the ASX open.

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