FBI Clinton email warrant issue has affected global financial markets, as the dollar weakens and Asian stocks are dropped. Will the FBI investigation drag down Hillary Clinton’s chances for victory?
31 October, AtoZForex – On Sunday, Federal Bureau of Investigation (FBI) has obtained a warrant to check newly discovered emails of Hilary Clinton’s private server. FBI director James Comey is accused of breaking the law and trying to influence the elections in the US.
FBI Clinton email warrant
The warrant will permit FBI to look at the messages to check whether they are pertinent to its test of the private email server utilized for government work by Hillary Clinton. Mr. Comey went under overwhelming pressure from Democrats on Sunday reveal the details of the emails. Earlier, Democratic Nominee got a lead over Donald Trump in the polls, where now her position can be endangered, according to the experts from Citi Bank.
Comey’s letter was sent over the complaints of Justice Department authorities. Yet, those authorities did not attempt to prevent the FBI from getting the warrant, a source acquainted with the choice said.
According to experts, markets have considered Clinton to be a competitor, who will to a great extent keep up the existing conditions in times of uncertainty over what a victory for Trump may imply for the US economic stance.
Asian markets dropped
FBI Clinton email warrant issue has also affected the European stock markets, with FTSE 100, CAC 40 and DAX to all open 0.1 percent down.
Japan Nikkei closed 0.1 percent down on Monday, after reaching six months high on Friday.
Hong Kong’s market slips to a two-month low, yet restored to increase 0.2 percent, on track for a 1.35 percent decline in October. China’s Shanghai Composite index declines 0.1 percent, but this month to gains 3.2 percent.
The drop in US Dollar
The US dollar hit a three-week high against the Mexican peso on Friday. It went down 0.1 percent to 18.9322 pesos on Monday. The greenback was also slightly changed at 104.76 yen on Monday.
The euro falls 0.2 percent to $1.09655 in the wake of hopping 0.9 percent on Friday. It is ready to end October with a 2.5 percent loss.
Think we missed something? Let us know in the comments section below.