US midterm polls 2018: How elections could ripple through markets

Wall Street is closely watching the US midterm Congressional elections next week, as policy decisions that could sway the economy, corporate decision-making and consumer spending hinge on the results.

US midterm polls 2018

Wall Street is closely watching the US midterm Congressional elections next week, as policy decisions that could sway the economy, corporate decision-making and consumer spending hinge on the results.

(Photograph:Reuters)

US midterm polls 2018

Investors are bracing for a split Congress, in which Democrats win the House but Republicans hold the Senate, a reflection of current polling data and online betting markets.

(Photograph:Reuters)

US midterm polls 2018

Midterm congressional elections "typically are not a major US market event, let alone a global market event, but this time may be different," Citigroup analysts wrote in a recent note.

(Photograph:Reuters)

US midterm polls 2018

If the Republicans retain both the House and Senate the US dollar may benefit, analysts said. 

(Photograph:Reuters)

US midterm polls 2018

The outlook for emerging markets is linked to US dollar strength and trade policy tensions. Emerging market assets will likely respond inversely to movements in the US dollar after the elections.

(Photograph:Reuters)

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