Global Equity Markets Lose Steam After Weaker U.S. Data And Ahead of Key Events

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(Kitco News) – World stock markets were mostly weaker Tuesday. U. S. stock indexes are also set for modestly lower openings when the New York day session begins.
Traders and investors are a bit tentative Tuesday, ahead of important happenings later this week. The world marketplace will be closely watching the meetings this week between U. S. President Donald Trump and Chinese leader Xi Jinping. FOMC minutes are out Wednesday afternoon and the U. S. employment report is due Friday morning.
Some weaker-than-expected U. S. economic data released Monday is also putting just a bit of apprehension into the world marketplace.
Gold prices are posting decent gains Tuesday, supported in part by the weaker world equity markets and by Monday’s downbeat U. S. economic reports.

This post was published at Wall Street Examiner by Jim Wyckoff ‘ April 4, 2017.