The Calm Before The Storm; FOMC Meeting On Deck
May 02, 2017 at 07:51 AM EDT
(Kitco News) - Global stock markets were mostly firmer overnight. Corporate earnings reports are presently garnering attention of equities traders. Reports said the Volatility Index (VIX) has dropped to its lowest level in a decade early this week. In technical jargon, this is called a collapse in volatility, which precedes bigger price moves forthcoming. In layman's terms it's called the calm before the storm. U.S. stock indexes are pointed toward narrowly mixed openings when the New York day session begins. Gold prices are slightly higher in pre-U.S. market trading. To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2017 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post The Calm Before The Storm; FOMC Meeting On Deck appeared first on Money Morning - We Make Investing Profitable .