Markets are due for a rally, as headwinds from the U.S. presidential election weaken, one investor told CNBC on Monday.
On Sunday, the Federal Bureau of Investigation (FBI) again cleared Democratic nominee Hillary Clinton of potential criminal charges over her use of a private email server for government business while secretary of state.
Frank Troise, managing director at Leonteq Securities in Singapore, told CNBC's "The Rundown" that Sunday's news would see a huge sigh of relief, as it would likely swing the momentum back in Clinton's favor with just days to go for the election.
"A Trump presidency, as it was becoming unbelievably more realistic last week ... was clearly making markets nervous," Troise said.
Markets sold off last week as the race between Clinton and Trump tightened, after the FBI first revealed it was looking into a new cache of emails related to the server investigation.