In what has been a sore spot for the Clinton election campaign, the Federal Bureau of Investigation has determined that it will not bring charges for mishandling classified information against the former Secretary of State. The weekly reopening interpreted the move with a sigh of relief as equities rebounded and Mexican Peso managed to regain some ground lost the previous week. With most polls indicating that the race remains exceptionally close, markets will likely remain jittery and slightly more volatile than normal until the voting results are tabulated on Tuesday night and Wednesday morning. With Clinton roundly regarded as the establishment candidate, a continuation of the status quo is likely to benefit stocks whereas a Trump victory could see stocks fall sharply as gold and the dollar benefit from his more conservative fiscal policy views.
Risk Assets Bounce as FBI Clears Clinton
Daily Analysis - 07/11/2016