(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, on slack demand for the safe-haven metal amid the keener ‘risk-on’ trading atmosphere exhibited in the world marketplace recently.
This post was published at Wall Street Examiner on July 3, 2017.