Stocks in Japan, South Korea, and Australia are reporting gains, while the Chinese markets are on the back foot. Global stocks may turn risk-averse if Democrats take control of both House and the Senate. The Asian stock markets are lacking consensus ahead of the US midterm elections. At press time, Japan’s Nikkei is up 1.17 percent. Stocks in Australia and New Zealand are also flashing green. The Greater China markets, however, are looking in the other direction. For instance, the Shanghai Composite index is down 1 percent and Hong Kong’s has so far shed 0.20 percent. The US midterm elections that are scheduled for Tuesday, could send ripples through global markets if Democrats gain control of both chambers. This is because the Democrats are widely expected to use the majority to pursue investigations into Trump’s Russian ties, Russian meddling in the US elections and Trump’s financial affairs, leading to a political turmoil in Washington. On the other hand, stocks, treasury yields, and the US dollar may rise if the Republicans retain the majority in both Chambers. Markets, though, are anticipating a split Congress. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Germany: Downside risks to factory orders data – TDS FX Street 4 years Stocks in Japan, South Korea, and Australia are reporting gains, while the Chinese markets are on the back foot. Global stocks may turn risk-averse if Democrats take control of both House and the Senate. The Asian stock markets are lacking consensus ahead of the US midterm elections. At press time, Japan's Nikkei is up 1.17 percent. Stocks in Australia and New Zealand are also flashing green. The Greater China markets, however, are looking in the other direction. For instance, the Shanghai Composite index is down 1 percent and Hong Kong's has so far shed 0.20 percent. The US midterm elections… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
