Wednesday, November 03, 2010

U.S. Mid-term election results

In brief (as at Wednesday, 3am EST or 3pm SG time):
  • House (Republican majority)
    • Democrats 180 (before 256)
    • Republicans 233 (before 179)
  • Senate (Democrats majority)
    • Democrats 49 (before 57)
    • Republicans 46 (before 41)
  • Governor 
    • Democrats 15 (before 26)
    • Republicans 27 (before 24)
The S&P futures showed a muted response to the results so far. As most analysts seem to agree, the election result is given or goes as expected.  The market is then focused on the Fed decision today on the quantitative easing or printing more money. While the ADP non-farm payroll results will be out at 8:15am EST, the movement of the market is likely to be limited unless the results are very significantly different.

Cheers !
PersianCat (Meow!!!)

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