US midterm elections open voting with Democrats ahead in polls
First polls open on the east coast; research shows a Democratic advantage in the Chamber and chances in the Senate, with an effect on the Trump government until 2028.
BY THE X-TRADER NEWS NEWSROOM · REPORTING FROM TIMES BRASIL · 2 MIN
The first polling places for the midterm elections in the United States opened on the east coast on Tuesday (3), according to Times Brasil. All 435 seats in the Chamber of Representatives and 35 of the 100 seats in the Senate are up for grabs, according to Exame. The vote acts as a direct test for President Donald Trump, and the result is expected to reset the balance of forces in Washington.
According to Times Brasil, the election directly affects Trump's presidency, as Democrats try to take control of Congress and limit the powers of the Executive. An opposition legislative majority would alter the relationship between the White House and Parliament, with repercussions on the government's ability to approve its agenda.
Polls cited by Times Brasil indicate that the Democrats should win the Chamber and have a chance of retaking the Senate. Exame also points to a Democratic advantage in the dispute, which reinforces the expectation of a Congress that is more independent of the White House.
For Times Brasil, three factors weigh on the electorate's mood: resentment with Trump, who is unpopular, the sharp rise in energy costs and the prolonged conflict with Iran. These themes tend to dominate the perception of the economy and foreign policy, precisely the points that are most interesting to those who follow the market.
According to Exame, the result defines Trump's governability until 2028. In other words, what comes out of the polls will determine how much space the president will have to pursue his agenda in the coming years, even if the presidential election is still far away.
What changes for the investor
For those who invest in the stock market, interest rates and the dollar, the central point is the combination of a potentially divided Congress with pressure on energy costs. A Legislature with a Democratic majority in the Chamber tends to make it difficult to approve changes to the Executive's economic agenda, which can reduce the predictability of fiscal and regulatory policies. The rise in energy, cited among the factors in the electoral mood, is an item that could put pressure on inflation and, consequently, on interest rate decisions. Investors usually observe the design of power before the final count, but the definitive composition of the Senate and the real scope of this scenario will only become clear after the count. This article does not provide recommendations for the purchase or sale of assets.
Automatically translated from Portuguese.
