[ad_1]
Focus on Vall Street and the actions in Asia lost a couple on Wednesday after the Democrats took control of the US House of Representatives, increasing the party's ability to block the political and economic agenda of President Donald Trump.
European stocks are expected to grow, and rising publishers expect a gain of up to 0.5 percent in the UK's FTSE, 0.8 percent in the French CAC and 0.7 percent in Germany's DACS.
The victory of the Democratic House creates an obstacle for Republicans to easily adopt legislation through both houses of the Congress, blurring prospects for some of Trump's main economic proposals.
Major American broadcasters have projected that the Democrats have started to earn a profit of at least 25 seats, which is more than 23 that had the need to demand their first parliamentary majority in eight years, while the Republicans saw it getting a few more seats in the Senate.
Related: Democrats take control of the House, as the Republicans hold the Senate
Read more: The key products of the elections in Central Europe in 2018
Although both results are largely in line with market expectations, the market for reasons has not been sold, the prospects of political interference create uncertainty for investors. The dollar has weakened against most of its major counterparts.
"In the short term, the loss of Republicans in the House should increase market risk volatility, reduce positive sentiment and become positive for US rates," said Ed Al-Hussaini, a senior official and currency analyst at Columbia Threadneedle Investments in Minneapolis, United States.
"The long-term dollar and short positioning of the futures in the vault is relatively stagnant and can exaggerate short-term moves at these prices," he added.
In addition, the newly established Democratic House will have the opportunity to investigate Trump's tax returns, possible business conflicts of interest, and to state its links to 2016 in Russia.
In the stock markets, the US S & P 500 futures were last traded by 0.1 percent, and the MSCI's widest index of Asian-Pacific shares outside Japan was similar but was far higher.
Japanese Nikkei finished 0.3 percent, giving morning gains.
"For the Republicans, it has become increasingly difficult to pass additional tax relief or changes to the Dodd-Frank regulations (on financial institutions)," said Tomoaki Shishido, a fixed income analyst at Nomura Securities.
The market sentiment was unstable in the Asian trade of shares, and the dollar was heading towards the changing outlook of the Republicans to keep the House.
Although the divided Congress would put a brake on the Trumpet agenda, such as tax cuts or deregulation, some investors believe that the Democrats might agree to more expenses.
"There is still a compromise to spend, and even with a divided government, I expect more fiscal incentives in the future." There is also a possibility of compromising the spending of infrastructure, "said Steve Friedman, senior economist at BNP Paribas Asset Management in New York.
"If there is an additional fiscal incentive, this suggests that fiscal policy is higher for growth in US growth and that all equals should support action."
On the other hand, many investors expect Trump to continue to boast of tariffs that can be imposed without the approval of the Congress and foreign policy.
It remains in the care of the trade war between China and the United States.
The huge tax levy of Trump, adopted in December, and the Consumer Consumer Agreement reached in February helped boost the US economy, but also widened the federal budget deficit.
As a result, Treasury supplies are rising, increasing yields of US bonds.
The election results impacted the ten-year US market yield of about 2.5 basis points to 3,189 percent, with seven years high of 3,261 percent touched a month ago.
But the debt market also remains under pressure from this year's record number of long-term sovereign debt bids.
In the currency market, the dollar fell.
Compared to yen, it was 0.3 percent lower at 113.13, redirecting earlier earnings to a one-day maximum of 113.82 yen.
The euro rose 0.15 percent to $ 1.1446, while the British pound rose 0.1 percent to $ 1.3117, falling three weeks.
Last year's Sterling gain has grown in the hope that Brekit will agree on the breakthrough after Brekit Secretary Dominik Raab said "Thumbs Up" at the exit of the government meeting.
This helped the banned increase in losses after the objections of a senior member of the North-Irish Party of the Democratic Union of Unity earlier when it seemed that Britain would have left the EU without agreement.
Oil prices were soft after a fall of 2% the previous day. US crude prospects hit an eight-month low after Washington sanctioned sanctions for major Iranian oil buyers and Iran said it could sell so much oil so far as it needed.
Oil with West Texas Intermediate (VTI) in the US traded 0.6 percent lower to $ 61.85 per barrel, which fell to $ 61.31 on Tuesday, the lowest since March 16.
The international gasoline price in Brent fell 0.25 percent to $ 71.95, after falling to its lowest level of $ 71.18 on Tuesday, the lowest since August 16.
Source link