After the US midterms, what will a lame duck Trump mean for the global economy?

What happened: Trump lost control of the House and Senate in the midterms, leaving an unpredictable final two years of his term, with analysts weighing the effects on markets, growth, inflation and borrowing costs. Key numbers: Headline US inflation rose to 3.7%. Brent crude remains above $100 a barrel versus about $70 prewar. Why it matters: Markets initially fell in Asia but rallied as investors weighed the results. Berenberg's Holger Schmieding said voters rejected Trump and that US checks and balances work, which he called a positive. Coverage: 11 outlets in 24h

Trump lost control of the House and Senate in the midterms, leaving an unpredictable final two years of his term, with analysts weighing the effects on markets, growth, inflation and borrowing costs.

Markets initially fell in Asia but rallied as investors weighed the results. Berenberg's Holger Schmieding said voters rejected Trump and that US checks and balances work, which he called a positive.