Tag: Midterms
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Oil slides and German stock market goes to all-time high following Blue Wave
Markets were in an upbeat and celebratory mood on Wednesday following the sweeping victories secured by the Democrats in the US midterm elections, with the party taking control of both chambers of Congress: the House of Representatives and the Senate. Stock markets in the United States and Europe surged, while the German stock market hit…
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Euro pumps as Republicans lose Congress and Senate
The Euro has risen by up to 0.5% against the US Dollar overnight as the Republican Party suffered major losses during the US midterm elections losing both Congress and Senate. Oil also went down in the overnight session. The midterm elections have been overshadowed by growing dissatisfaction and dissent against US President Donald Trump’s presidency,…