Tightening polls ahead of the US presidential election next week and in the wake of a new FBI probe into Hillary Clinton’s email use gave investors a post-Halloween scare on Tuesday. Here’s how things are shaping up (read: treading water) in early mid-week trading.
First to haven investments. The yen strengthened as much as 1 per cent to ¥103.80 on Tuesday. It is now only 0.1 per cent weaker at ¥104.05. Tuesday’s surge is having a dampening effect on Japanese stocks in early trade: the Nikkei is down 1.2 per cent, while the broader Topix is down 1.3 per cent.
Gold is flat at $1288.36 an ounce. The yellow metal had gained as much as 1.2 per cent on Tuesday – hitting its highest level in almost a month – before closing up 0.9 per cent at $1,288.20.
The dollar index, which tracks the US currency against a basket of international peers, was up 0.1 per cent at 97.781. It lost as much as 0.8 per cent on Tuesday, closing at 97.699.