Morning Briefing: Markets slip on Clinton probe

Morning Briefing: Markets slip on Clinton probe

Morning Briefing: Markets slip on Clinton probe Markets slip on Clinton probe
World stock markets are reacting to uncertainty over the US Presidential election as the probe into Hillary Clinton’s emails heightens concern over the outcome.

The FBI’s investigation deepened Sunday with a warrant obtained to search the former secretary of state’s emails. The presidential hopeful’s supporters have hit back at the bureau’s chief James Comey, saying he may have broken the law on influencing elections.

Asian markets closed mostly lower. Japan’s central bank began a 2-day meeting which is not expected to result in any significant policy changes. Sydney’s ASX was the outlier of the session with the materials group showing a near-1 per cent rise to boost the index to a positive close.

European indexes are trending lower ahead of Eurozone inflation data with analysts expecting improvement; the bloc’s GDP reading is also due with a hold-steady at 1.6 per cent forecast.
Wall Street and Toronto are expected to start the session lower.
 
  Latest 1 month ago 1 year ago
 
North America (previous session)
US Dow Jones 18,161.19 (-0.05 per cent) -0.80 per cent +2.82 per cent
TSX Composite 14,785.29 (-0.33 per cent) +0.40 per cent +9.28 per cent
 
Europe (at 4.30am ET)
UK FTSE 6,966.08 (-0.43 per cent) +0.97 per cent +9.52 per cent
German DAX 10,649.45 (-0.44 per cent) +1.32 per cent -1.85 per cent
 
Asia (at close)
China CSI 300 3,336.28 (-0.12 per cent) +2.55 per cent -5.60 per cent
Japan Nikkei 17,425.02 (-0.12 per cent) +5.93 per cent -8.69 per cent
 
Other Data (at 2.30am ET)
Oil (Brent) Oil (WTI) Gold Can. Dollar
49.57
(-0.28 per cent)
48.61
(-0.18 per cent)
1273.80
(-0.23 per cent)
U$0.7469
 
Aus. Dollar
U$0.7607

TD bid for Richardson GMP reported
One of Canada’s largest independent wealth managers could become part of TD Bank, according to a new report.

Unnamed sources have told The Globe and Mail that TD has made an offer of around $600 million with an extended period of due diligence running until Nov. 22.

None of the parties said to be involved in the deal have confirmed or denied the report.