World Stock Markets Weaker; U.S. GDP Report On Deck

Global equity markets were mostly lower Friday, heading into the weekend. U.S. stock indexes are firmer heading into the New York day session.

Gold prices are firmer on mild short covering heading into a weekend that could see new geopolitical developments. President Trump said the U.S. and North Korea are headed for a major confrontation over North Korea’s nuclear ambitions.

Traders and investors are awaiting what is arguably the most important data point of the week: Friday morning’s U.S. advance first-quarter gross domestic product report.

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