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The Guardian - AU

National

Jonathan Barrett Business editor

DARK SECRETS: How will the us midterms affect australian markets | Vintage Vibes

Donald Trump United States Midterm Elections Republican Artificial Intelligence Democratic Party Renewable Energy Stock Market

Early voting begins ahead of midterm elections in Washington, DC — A split Congress would probably curb the Trump administration’s spending measures, a result that markets often welcome because reduced borrowing helps cool inflation. Photograph: Douliery Olivier/ABACA/Shutterstock

Donald Trump’s fight to retain control of Congress in the 3 November US midterms will carry direct consequences for Australian markets, whatever the outcome.

Democrats must flip four seats in both the House of Representatives and Senate to overturn narrow Republican majorities. Polls favour the Democrats to reclaim the house, but the Senate contest is too close to call.

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