Analysts at TD Securities point out that the US polling stations for the 2018 midterms open from 6:00 ET but we will not get the results until late in the evening, at the earliest, and recent polling points towards a divided Congress.
Key Quotes
“The GOP is predicted to maintain control of the Senate but the Democrats look likely to take the House.”
“On the data front, the September JOLTS job openings are the only event to note. Consensus looks for a slip to 7085k from its cycle high of 7136k. As usual, we will also take note of the quits rate, a leading indicator of wage growth.”
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