- Analytics
- News and Tools
- Market News
- US Elections: USD and equities to react positively to a split result – ANZ
US Elections: USD and equities to react positively to a split result – ANZ
The US midterm elections will be held on Tuesday, November 8, with voting for all 435 seats in Congress and 35 of the 100 seats in the Senate. As strategists at ANZ Bank note, the US Dollar and equity markets tend to finish the month higher after midterms.
Markets appear to like a division between Congress and the president
“We regard a Republican-controlled Congress as the most likely scenario (55%). Not far behind, at 41%, is a split Congress, with a Republican-led House and a Democrat Senate.”
“The USD and equity markets tend to finish the month higher after midterms.”
“Markets appear to like the checks and balances associated with a division between Congress and the president. This would be pertinent this time, given concerns of more policy-induced inflation pressures that would come from a Democrat-controlled Congress. On this basis, we also think the bond market would also welcome this division.”
© 2000-2025. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
