The Australian market looks set to open fractionally in the red amid concern for the Trump administrations ability to progress its economic agenda and risk aversion following the Barcelona terror attack.
At 0700 AEST on Monday, the share price futures index was down four points, or 0.07 per cent, at 5,703.
All major international markets - bar China - closed lower in their last session - as sentiment turned risk-averse following the extremist's van attack in Barcelona that killed 13 and injured another 120.
Investors were also unnerved after US president Donald Trump fired his chief strategist Steve Bannon in the latest White House shake-up that raised more questions about the Trump administration's ability to implement its pro-growth agenda.
The Dow Jones Industrial Average fell 0.35 per cent, the S&P 500 lost 0.18 per cent and the Nasdaq Composite dropped 0.09 per cent.
Locally, in economic news on Monday, the CoreLogic captial city house price survey is due out, as is the Commonwealth Bank business sales indicator July just ended.
In equities, BlueScope Steel, Brambles, NIB, Fortescue Metals, APN Outdoor and Goodman Group are among the companies expected to report earnings on Monday.
The Australian market on Friday closed lower after increased political uncertainty in the US sparked a sharp sell-off on Wall Street and soured global risk appetite.
The benchmark S&P/ASX200 index fell down 32.1 points, or 0.56 per cent, at 5,747.1 points.
The broader All Ordinaries index lost 28.7 points, or 0.49 per cent, at 5,798.5 points.
Meanwhile, the Australian dollar is sharply higher against its US counterpart and is again firmly above 79 US cents.
The local currency was trading at 79.31 US cents at 0700 AEST on Monday, from 78.96 on Friday.
CURRENCY SNAPSHOT AT 0700 AEST:
One Australian dollar buys:
* 79.31 US cents, from 78.96 on Friday
* 86.72 Japanese yen, from 86.17 yen
* 67.42 euro cents, from 67.29 euro cents
* 61.62 British pence, from 61.25 pence
* 108.42 NZ cents, from 108.20 cents
The spot price of gold in Sydney at 0700 AEST was $US1,285.40 per fine ounce, from $US1,288.76 per fine ounce on Friday.
BOND SNAPSHOT AT 0700 AEST:
* CGS 4.50 per cent April 2020, 1.868pct, unchanged
* CGS 4.75pct April 2027, 2.566pct, unchanged
Sydney Futures Exchange prices:
* August 2017 10-year bond futures contract at 97.405 (implying a yield of 2.595pct), from 97.385 (2.615pct) on Friday
* August 2017 3-year bond futures contract at 98.06 (1.94pct), from 98.05 (1.95pct).
(*Bond market closes taken at 1630 AEST previous local session)