Initially the dollar advanced strongly on Friday after the GDP data showed better than expected numbers.
After an update that the FBI reopened Hilary Clinton’s case, the dollar plunged dramatically, so did the major US indicies and gold, on the other hand, jumped up to $1,285!
After the markets eased down and were given the time to digest the news, everything went back to “normal”, although gold was still very strong, trading above $1,275.
Oil prices extended declines on overnigh, after non-OPEC producers made no specific commitment to join OPEC in limiting oil output levels to prop up prices – a stance that suggested they wanted OPEC to solve its differences first.
U.S. stocks were lower after the close on Friday, as losses in the Healthcare, Consumer Services and Oil & Gas sectors led shares lower.