World Stock Markets Flat In Quiet, Summertime Trading

Global equity markets were steady to narrowly mixed overnight, in quieter dealings amid a lack of fresh, major fundamental news to drive the markets.A lazy, hazy summertime trading atmosphere has enveloped U.S. and European stock markets. U.S. stock indexes are pointed toward slightly lower openings when the New York day session begins.

Gold prices are firmer and hit a three-week high overnight. Prices are in a two-week-old uptrend and bulls have momentum.

It appears the "take away" from this week's news events and markets' price action is growing notions the major central banks of the world are not in a big hurry at all to tighten their monetary policies

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