Financial markets aren't doing much as the US midterms look set to deliver a result that most expected

GREG BAKER / AFP / Getty Images

It looks like we’ll now have a divided US Congress with the Democrats set to hold the majority in the House of Representatives with the Republicans retaining control of the Senate.

It’s the outcome that most were anticipating ahead of polling day, including those in financial markets.

As such, for all the gyrations seen as early results skewed prediction models in either direction, the US dollar, treasury yields and S&P 500 futures are now largely unchanged.

The US dollar Index, or DXY, is down 0.2%.

Investing.comDXY 5-Minute Chart

US 2-year treasury yields — most sensitive to shifts in expectations for monetary policy — sits at 2.92%, near unchanged for the session.

Investing.comUS 2-year treasury note yield. 5-Minute Chart

And S&P 500 futures are also flat.

Investing.comS&P 500 Futures. 5-Minute Chart.

Stocks across the Asian region are largely trading flat-to-higher.

Australia ASX 200 5877.10 , 0.03%
NZ NZX 50 8816.76 , 0.00%
Japan TOPIX 1665.15 , 0.35%
Shanghai Comp 2666.28 , 0.26%
Shenzhen Comp 1350.45 , 0.32%
HK Hang Seng 26241.48 , 0.46%
Sth Korea KOSPI 2095.66 , 0.29%
Sinagpore STI 3071.86 , 0.37%
Taiwan TAIEX 9889.45 , 0.66%
Philippines PSI 7088.73 , -1.27%
Indonesia JKSE 5939.00 , 0.25%
Malaysia KLCI Index 1709.63 , 0.05%
Thailand SET 1669.23 , -0.01%
S&P 500 Futures 2761.75 , 0.10%

While the US dollar has lost ground against most major and emerging market currencies.

AUD/USD 0.7245 , -0.01%
NZD/USD 0.6749 , 0.19%
USD/JPY 113.23 , -0.17%
USD/CNY 6.9331 , 0.23%
USD/CNH 6.9293 , 0.09%
USD/HKD 7.8330 , 0.02%
USD/KRW 1120 , -0.06%
USD/SGD 1.3720 , -0.09%
USD/TWD 30.72 , -0.15%
USD/PHP 52.98 , 0.01%
USD/MYR 4.170 , -0.07%
USD/IDR 14760 , -0.27%
USD/THB 32.89 , -0.03%
USD/INR 72.95 , -0.17%
US Dollar Index 96.15 , -0.18%

LIVE: See the House and Senate results of the highly anticipated 2018 midterm elections as they come in

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.