U.S. midterm elections today! What to expect?
Dear traders,
Today, elections will be held in both houses of the U.S. Congress, currently dominated by Republicans, as well as elections for the posts of 36 state and territorial governors.
Opinion polls and nonpartisan forecasters generally show Democrats with a strong chance of taking the 23 additional seats they would need for a majority in the House of Representatives, which they could use to launch investigations into Trump’s administration and block his legislative agenda.
Republicans are favored to retain control of the Senate, whose powers include confirming Trump’s nominations to lifetime seats on the Supreme Court.
Interest has been unusually high for a non-presidential election year, with early voting running well ahead of past cycles.
As of Friday night, almost 32.4 million people had cast ballots early, according to The Election Project at the University of Florida, which tracks turnout. That is up more than 50% from the 20.5 million early votes cast in all of 2014, the last federal election when the White House was not at stake. (Investing.com)
Be careful! Be sure to consider the events in the States when trading. Secure transactions against possible rises in volatility!
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