Asia stocks shaky as fbi review of clinton emails rattles markets

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Asia Stocks Shaky as FBI Review of Clinton Emails Rattles Markets

Asian stocks were volatile on Monday, with investors on edge after the FBI announced it would review new emails related to Hillary Clinton's use of a private email server, potentially impacting the US presidential election.

The news sent shockwaves through global markets, with the Dow Jones Industrial Average and S&P 500 futures both falling sharply in early trading. The Japanese yen and Swiss franc, considered safe-haven currencies, gained against the US dollar.

In Asia, the Nikkei 225 in Japan fell 1.2%, while the Shanghai Composite Index in China dropped 0.8%. Hong Kong's Hang Seng Index lost 1.1%, and South Korea's Kospi Index fell 0.9%.

The FBI's decision to review the new emails, which were discovered on a laptop belonging to Anthony Weiner, a former aide to Hillary Clinton's husband Bill, has raised concerns about the potential impact on the presidential election. The news has also sparked worries about the stability of the US political system and the potential for market volatility.

Investors are also keeping a close eye on the US Federal Reserve's decision on interest rates, which is expected later this week. The Fed is widely expected to raise interest rates, but the uncertainty surrounding the election outcome has added to the market's volatility.

In other markets, the price of gold rose 0.4% to $1,294.50 per ounce, while the price of oil fell 0.5% to $47.35 per barrel.

Overall, the news has added to the market's uncertainty, with investors seeking safe-haven assets and avoiding riskier assets. The outcome of the US presidential election is still uncertain, and the market is likely to remain volatile until the results are known.