The sudden drop of the market indexes and JPY gains, after Trump Jr tweeted his correspondence

11.07.2017 / 19:17

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Donald Trump jr. published correspondence in Tweeter with Rob Goldstone, where he organised meeting between Trump jr. and russian lawyer, who claims he has dirt information about Hilary Clinton. The lawyer claims he has information and high classified documents.

The publishing of this correspondence was taken very negative from the market and the indexes dropped a lot. That drop of the market was positive for the safe haven instruments like JPY - which gained strongly.

The reaction of the market was extremely negative and immediate sell off, but after the traders red the correspondence, saw that there wasn't anything frightening and the investors bought the cheap indexes and stocks.

Source: Bloomberg Pro Terminal

Trader Bozhidar Arabadzhiev

Varchev Traders

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The sudden drop of the market indexes and JPY gains, after Trump Jr tweeted his correspondence

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