Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Global markets are feeling a lot relieved after the Federal Bureau of Investigation (FBI) announced in a letter to the congress that they are staying by their July conclusions that Hillary Clinton was extremely careless in her handling of classified materials but couldn’t find any intent of wrongdoings to press charges, even after reviewing Anthony Weiner’s 650,000 emails, which prompted reopening of the case just 10 days to the election.
After nine days of consecutive declines, which is the longest stretch of decline since 1978, US benchmark stock index is up around 1.35 percent today, trading at 2113. Other prominent indexes around the world have joined the wagon too. Japan’s Nikkei is up 1.6 percent, Indian nifty is up more than 1 percent, and German DAX is up 1.5 percent. While equity market is cheering the move by the FBI, safe haven assets have taken a hit. The Japanese yen, which is considered the safe haven currency, is down 1.4 percent, trading at 104.5. Gold, another safe-haven security is down 1.4 percent today.
The recent revelations with regard to Hillary Clinton’s email probe have given a quite fair idea, how the markets might react if Donald Trump wins, at least in the short term.
