Global markets firm a little as investors hope Clinton will pip Trump at the posts
Gold and oil prices firmed
London — Stocks edged up in subdued trade on Tuesday as world markets braced for the outcome of one of the closest fought US presidential elections in years. The tone of trade was set largely by cautious expectations of Hillary Clinton pipping Donald Trump. Sharp swings of recent days in all asset classes gave way to a more subdued tone with investors reluctant to make too many big bets. The dollar and bond yields slipped, and gold crept up. "Markets are certainly going into today in a much better mood now after FBI news on Sunday night saw risk assets claw their way back following a near two-week sell-off," said Deutsche Bank analyst Jim Reid. World stocks had their best day in four months on Monday and Wall Street its best since March after the FBI said it stood by findings that Clinton was not guilty of criminal wrongdoing in using a private email server. Europe’s index of leading 300 shares, which posted its biggest gain in two months on Monday, extended that on Tuesday, rising ...
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