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Global Markets

Global Markets

Global Stock Markets Lower; Important U.S. Economic Data Just Ahead

(Kitco News) – World stock markets were mostly lower overnight. U.S. stock indexes are pointed toward lower openings when the New York day session begins.

World bond market yields are on the rise again this week, on concerns about tighter monetary policies from the world's major central banks.

Gold prices are modestly higher in pre-U.S. day session trading, on some mild safe-haven demand and short covering

Global Markets

Global Equity Markets Start Third Quarter On Positive Note

(Kitco News) – Most World markets started the second half of 2017 on an upbeat note Monday, boosted in part by positive manufacturing data just released.

The Eurozone June manufacturing purchasing managers' index (PMI) came in at 57.4 versus 57.0 in May. A reading of 57.3 was expected in June. U.S. stock indexes are also pointed toward higher openings when the New York day session begins.

Gold prices are weaker and hit a six-week low overnight

Global Market

World Markets Calm As First Half Of 2017 Winds Down

World stock markets were narrowly mixed in quieter dealings overnight. U.S. stock indexes are headed toward slightly higher openings when the New York day session begins.

Gold prices are weaker again in pre-U.S.-market trading. The quieter geopolitical front and bearish technical charts have helped to push the safe-haven metal's prices lower recently.

The world government bond markets' sell offs that have hit most of the world this week spread to Asia on Friday.

Global Market

Global Stock Markets Mixed In Quieter Trading

World stock markets were mixed in quieter dealings overnight. U.S. stock indexes are also pointed toward narrowly mixed openings when the New York day session begins.

Gold prices are modestly lower in pre-U.S.-session trading Thursday. A calm geopolitical front and bearish near-term charts are keeping the yellow metal's price from rallying.

In overnight news, a report on Eurozone business and consumer confidence in June was very upbeat.

Global Market

Global Stock Markets Boosted By Risk-On Attitudes

World stock markets were mostly higher overnight as trader and investor risk appetite is on the upswing to start the business week. U.S. stock indexes are pointed toward higher openings when the New York day session begins.

Gold prices are lower in pre-U.S-session trading, amid the better risk appetite in the marketplace.

In the overnight news, the closely watched German Ifo business confidence index hit a record high of 115.1 in June from 114.6 in May.

Global Market

World Stock Markets Mixed In Quiet Trading To End The Week

World stock markets were narrowly mixed in subdued overnight trading. U.S. stock indexes are also pointed to mixed openings when the New York day session begins.

Gold prices are posting good gains in pre-U.S.-session trading, on more short covering in the futures market and bargain hunting in the cash market.

In overnight news, the Euro zone's Markit composite purchasing managers' index (PMI) fell to 55.7 in June from 56.8 in May. The June number was lower than expected and at a five-month low.

Global Market

World Stock Markets Mixed; Falling Oil Prices Curb Interest In Equities

World stock markets were mixed overnight, as gains were limited by swooning energy sector stocks due to falling crude oil prices recently. U.S. stock indexes are pointed toward weaker openings when the New York day session begins.

Gold prices are holding moderate gains in pre-U.S.-session trading. Short covering in the futures market and bargain hunting in the cash market are featured, following recent selling pressure.

Besides the recent slump in crude oil prices, another feature in the marketplace this week has been falling world government bond yields.