VIX soars on rising US political tensions

Climbed above 14 on Wednesday

Tom Eckett
clock
After falling to record lows, the VIX rose sharply on rising political tensions in the US involving Trump. Photo: Chairman of the Joint Chiefs of Staff/Flickr
Image:

After falling to record lows, the VIX rose sharply on rising political tensions in the US involving Trump. Photo: Chairman of the Joint Chiefs of Staff/Flickr

The CBOE's Volatility index (VIX) has reported its biggest jump since US President Donald Trump was elected last November, as rising political tensions in the States spooked investors.

Markets are unnerved as a result of Trump's firing of FBI director James Comey, who has since released memos of his conversations with the President who is said to have told Comey to "let go" of the investigation into National Security Advisor Michael Flynn, according to the Financial Times. Trump unveils 'once in a generation' tax reform plans The US Justice Department has since named former FBI chief Robert Mueller as special counsel to investigate Russia's alleged interference in the US election, and the possible ties between Trump's campaign and Moscow, according to Reuters. Tr...

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