Trump Administration Turmoil Spooking Global Markets

(Kitco News) - World stock markets were mostly lower overnight. U.S. stock indexes are pointed toward lower openings when the New York day session begins. A feature in the marketplace at mid-week is the slumping U.S. dollar against the major world currencies. The dollar index hit a six-month low overnight and has been pressured in part recently by what many traders and investors see as increasing turmoil in the Trump Administration that could delay or prevent his pro-business and other initiatives from succeeding.

Gold prices are posting solid gains and hit a two-week high in pre-U.S. day trading, boosted by a faltering U.S. dollar index

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