Friday, January 19–Jim Wyckoff’s Morning Markets Report
World stock markets were mostly firmer overnight. U.S. stock indexes are pointed toward higher openings when the New York day session begins.
There are growing worries in the marketplace the U.S. government will shut down starting this weekend, as U.S. lawmakers cannot agree on a budget and President Trump seems willing to close up the government to make a point. The concerns have not had a major impact on the world marketplace, but have somewhat limited buying interest in U.S. equities late this week, have pressured the U.S. dollar in the foreign exchange market, and have also given a slight lift to the safe-haven gold market.