The Australian share market is poised to open higher after US President Donald Trump's comments on Iran negotiations boosted global sentiment overnight. However, the day's direction will likely depend on how investors digest Nvidia's earnings results, which could signal demand for chips and the AI supply chain. Oil prices tumbled while base metals rallied on deal hopes, and the Aussie dollar strengthened against the US dollar.

James Gruber, Equity Market Strategist at CommSec takes you through all the key numbers.

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