{"id":136680,"date":"2018-11-06T06:00:23","date_gmt":"2018-11-06T11:00:23","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=136680"},"modified":"2018-11-06T05:26:37","modified_gmt":"2018-11-06T10:26:37","slug":"us-congressional-elections-in-focus","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/11\/us-congressional-elections-in-focus\/","title":{"rendered":"US congressional elections in focus"},"content":{"rendered":"
November 6, 2018<\/div>
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By IFCMarkets<\/a><\/p>\n

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SP500, Dow rise while Nasdaq slips<\/h2>\n<\/div>\n<\/div>\n

US equities <\/b> moved higher on Monday with focus turning to midterm congressional elections. The S&P 500 <\/em> added 0.6% to 2738.31. Dow Jones <\/a> industrial rose 0.8% to 25461.70. The Nasdaq <\/em> composite index however lost 0.4% to 7328.85 led by Apple down another 2.8%. The dollar strengthening reversed despite solid data: services sector activities expansion slowed less than forecast as the ISM services index slipped to 60.3 in October from 61.6 in September. The live dollar index<\/a> data show the ICE US Dollar index, a measure of the dollar\u2019s strength against a basket of six rival currencies, slid 0.2% to 96.294 but is higher currently. Futures on stock indices point to higher openings today.<\/p>\n

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DAX 30 opens higher than other European indices<\/h2>\n<\/div>\n<\/div>\n

European stocks <\/b> pulled back on Monday. Both EUR\/USD <\/em> and GBP\/USD <\/em> turned higher and are gaining currently. The Stoxx Europe 600 index slid 0.2%. The DAX 30 <\/em> lost 0.2% to 11494.96 and France\u2019s CAC 40 <\/em> inched lower 0.01%. UK\u2019s FTSE 100 <\/a> however rose 0.1% to 7103.84 buoyed by report Prime Minister Theresa May reached a customs deal with the European Union. Indices opened flat to 0.2% higher today.<\/p>\n

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Nikkei best performer among Asian indices<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b> are mixed today. Nikkei <\/em> rose 1.1% to 22147.75 as yen continued slide against the dollar. Chinese shares are mixed: the Shanghai Composite Index <\/em> is down 0.2% while Hong Kong\u2019s Hang Seng <\/em> Index is 0.8% higher. Australia\u2019s All Ordinaries Index extended gains 1% despite the Australian dollar continued climb against the greenback as the central bank left interest rates unchanged at 1.5%.<\/p>\n

\"Nikkei<\/p>\n

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Brent <\/a> up<\/h2>\n<\/div>\n<\/div>\n

Brent futures prices <\/b> are extending gains today. Prices edged higher yesterday: January Brent crude rose 0.5% to $73.17 a barrel on Monday.<\/p>\n

\nMarket Analysis provided by IFCMarkets<\/a><\/p>

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Note:
\nThis overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or \u0430 recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.<\/p>\n","protected":false},"excerpt":{"rendered":"

By IFCMarkets SP500, Dow rise while Nasdaq slips US equities moved higher on Monday with focus turning to midterm congressional elections. The S&P 500 added 0.6% to 2738.31. Dow Jones industrial rose 0.8% to 25461.70. The Nasdaq composite index however lost 0.4% to 7328.85 led by Apple down another 2.8%. The dollar strengthening reversed despite […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-136680","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/136680","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=136680"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/136680\/revisions"}],"predecessor-version":[{"id":136686,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/136680\/revisions\/136686"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=136680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=136680"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=136680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}