World Stock Markets, Bond Yields Rise Amid Ideas of U.S. Rate Hike In March

wallstreetexaminer.com / by Jim Wyckoff via Money Morning / February 21, 2017

(Kitco News) – Asian and European stock markets were mostly higher Tuesday. U.S. stock indexes are pointed toward higher openings and fresh record highs when the New York day session begins.

Gold prices are under pressure Tuesday morning, in part due to hawkish comments from the Federal Reserve Bank of Philadelphia President Patrick Harper, who said Monday he could support a U.S. interest rate increase at the next FOMC meeting in March, if inflationary pressures are apparent.

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