The US midterm elections are underway, with Democrats favored in pre-election predictions. The US midterm elections are in progress. As of 2:00 AM Singapore time on November 4th, voting was still ongoing, and the results for Congressional seats had not yet been announced. This election will determine the allocation of all 435 seats in the House of Representatives and the 35 seats in the Senate. Republicans currently control both houses of Congress, and Democrats hope to regain control through this election. Based on the final predictions released on election day, Democrats have a higher chance of winning the House of Representatives. Election prediction agency FiftyPlusOne gives a 99% probability and a 79% probability of winning the Senate. Another prediction agency, DDHQ, currently gives Democrats an 84% probability of winning the House and a 64% probability of winning the Senate. Both agencies believe the Democrats have an advantage. The Senate is currently controlled by Republicans 53 to 47. Democrats need to retain their current seats and gain four more from Republicans to reach 51 seats and obtain a majority. According to Singapore time, the first polling stations will close at 7:00 AM today. Voting in North Carolina and Ohio will end at 8:30 a.m., after which other states will release their vote counts. If Democrats win either house of Congress, the Trump administration will face increased difficulty in pushing through legislation and budgets. A @Gate account, trading more markets.