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European equities slip as Americans head to polls

November 07, 2018 00:00:00


LONDON, Nov 6 (AFP) : Europe's stock markets slid Tuesday on trepidation over US midterm elections widely seen as a referendum on Donald Trump's presidency, dealers said.

In late morning European deals, Frankfurt dipped 0.2 per cent, London slid 0.5 per cent and Paris lost 0.3 per cent in value.

Asian indices mostly ended higher.

As voting began in the midterm congressional poll at 1100 GMT, the dollar steadied mostly against rival currencies.

"Americans will cast their crucial votes in today's mid-term elections, which for many will be a referendum on Trump's presidency," noted Rabobank analyst Jane Foley.

Most analysts expect the Democrats would win the House of Representatives, while the Republican party would hold onto control of the Senate.


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