Better Investor Risk Appetite Fuels World Stock Markets Rallies

World stock markets were mostly higher again Tuesday, on a further apparent de-escalation of the U. S. and North Korea stand-off regarding its nuclear missiles. North Korean news reports Tuesday said President Kim Jong Un has decided not to fire missiles at Guam. The U. S. secretary of defense and secretary of state, as well as other Trump administration officials, in recent days said they are trying to achieve denuclearization of North Korea through diplomacy. U. S. stock indexes are pointed toward higher openings when the New York day session begins.
The safe-haven assets gold and U. S. Treasury bonds are seeing price pressure from the better risk appetite in the world marketplace so far this week. Gold prices are down about $11.00 an ounce in pre-U. S.-session trading Tuesday.

This post was published at Wall Street Examiner on August 15, 2017.

 

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