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U.S. Economy

Global Markets

World Stock Markets Pause Thursday, While Bond Markets Stabilize

(Kitco News) – Global equity markets were mostly weaker overnight, on corrective pullbacks from recent gains that have many stock indexes at or near record or multi-year highs. U.S. stock indexes are pointed toward slightly lower openings when the New York day session begins, after posting record highs on Wednesday.

Gold prices are higher in early U.S. trading, amid a weaker U.S. dollar index today and a pause in the record-setting rally in the U.S. stock market

Global Markets

World Stock Markets Mostly Up; Heavy Slate Of U.S. Data On Deck Today

(Kitco News) – Asian and European stock markets were mostly higher Wednesday, following the lead of the U.S. stock indexes that set record highs on Tuesday. U.S. stock indexes are pointed toward narrowly mixed openings when the New York day session begins.

World equity markets were supported in part overnight by Federal Reserve Chair Janet Yellen on Tuesday giving an upbeat assessment of the world's major economies

Global Markets

World Marketplace Awaits Fed Chair Yellen's Remarks To U.S. Senate

(Kitco News) – Asian and European stock markets were mostly weaker Tuesday on some profit taking from recent gains. U.S. stock indexes are also pointed toward slightly lower openings when the New York day session begins. U.S. stock indexes set record highs on Monday.

Gold prices are moderately higher Tuesday. Some safe-haven demand has surfaced again following the resignation of President Trump's national security advisor, Mike Flynn, who made contradictory statements about his contacts with Russia.

Focus Tuesday is on testimony from Fed Chair Janet Yellen before the U.S. Senate, in the semi-annual Humphrey-Hawkins reports.

World Stock Markets Mostly Up, Gold Takes A Breather From Recent Gains

(Kitco News) – Global equity markets were mostly higher Thursday. U.S. stock indexes are also set to open firmer when the New York day session begins. It's been a light week for economic data in the U.S. and the world. So markets are still fixated on the new U.S. president.

Gold prices are near steady in early U.S. dealings.

World Marketplace Quieter Friday, Ahead of Key U.S. Jobs Report

(Kitco News) – European and Asian stock markets were mixed in subdued trading overnight. U.S. stock indexes are pointed toward slightly higher openings when the New York day session begins.

Gold prices are modestly down on a corrective pullback following good gains Thursday that pushed prices to a 2.5-month high.

Traders worldwide are awaiting what is arguably the most important U.S. economic report of the month: Friday morning's employment report for January

Global Markets

World Stock Markets Generally Weaker; Trump Proclamations Still In Focus

(Kitco News) – Most European and Asian equity markets on Friday saw corrective pullbacks from recent gains that put many world stock indexes at or near multi-month, multi-year or record highs this week. U.S. stock indexes are pointed toward narrowly mixed openings when the New York day session begins.

Some Asian markets were closed, or closed early, Friday for a holiday. China markets are closed most of next week for the Lunar New Year

The marketplace continues fixated on the new U.S. president and his first full week in office.

Global Markets

World Stock Markets Mostly Firmer As Focus Remains On Trump Proclamations

European and Asian stock markets were mostly firmer Tuesday, as the world marketplace brushed off the U.S. move Monday to end its participation in the Trans-Pacific Partnership trade group. The move by the Trump administration was widely expected. Pronouncements from the new Trump Administration are the focus of traders and investors early this week.

U.S. stock indexes are pointed toward narrowly mixed openings when the New York day session begins.

Global Markets

Global Stock Markets Mixed To Weaker; Trump Press Conference In Focus

The world marketplace is anxiously awaiting President-Elect Donald Trump's first press conference since his election, on Wednesday. Already, Trump's Twitter tweets have unsettled stocks and stock sectors. The marketplace perceives that Trump wants better relations with Russia, but may take a hard line on relations with China.

Gold prices are near steady in early U.S. trading and hovering near Monday's five-week high.

U.S. Economy

American Jobs Aren't Going to Mexico – They Are Disappearing Entirely

Trump has negotiated to keep American jobs at home.

But the hard truth is, these deals aren't going to bring jobs back.

They're going to disappear altogether...

Global Markets

World Markets Subdued Ahead Of Christmas Weekend; Heavy Dose Of U.S. Data Out Today

Global stock markets were mostly weaker in very quiet trading Thursday, as the Christmas holiday weekend is fast approaching. World bond markets have also stabilized late this week, following tumultuous trading the past few weeks that has seen government bond yields in several industrialized countries push significantly higher. Expect activity and volatility in many markets to pick up at the beginning of the new year.

Gold prices are slightly lower in early U.S. trading Thursday, and hovering not far above the recent 10-month low.