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

Tuesday, February 14, 2017 6:17
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(Before It's News)

(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.

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The post World Marketplace Awaits Fed Chair Yellen’s Remarks To U.S. Senate appeared first on Money Morning – We Make Investing Profitable.

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