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Morning all! - Democrats are seeing a very strong midterm result, flipping key Senate races in Ohio, Texas, South Carolina and Kansas, with DDHQ giving them a 99% chance of winning the House and a 100% chance of winning the Senate. - US President Trump said he will accept the election result and is prepared to work with Democrats, while stating that veto power is one of the strongest powers he has. - US equity futures were sold on prospects of a blue wave; APAC stocks were mixed, and European equity futures indicate a lower open. - DXY was pressured and 10yr UST futures were underpinned early before paring much of the move, while spot gold saw a haven bid. - Trump said the US has no immediate plan to strike Iran, although CENTCOM reportedly has a plan to strike as early as Wednesday. - Looking ahead, highlights include Global Services/Composite PMI Final (Oct), EU HICP (Oct), US ADP Employment Change (Oct), Trade Balance (Sep), ISM Services PMI (Oct), Atlanta Fed GDP (Q4), Riksbank Policy Announcement, US Treasury Quarterly Refunding Announcement, NBP Policy Announcement, BCB Policy Announcement, BoJ Minutes, South African Municipal Elections. Speakers include Riksbank's Bunge & ECB's Lane. Supply from Germany. Earnings from Qualcomm & Novo Nordisk.