Race for Senate, U.S.-China Deal Forecast, Powell-Speak: Eco Day

(Bloomberg) -- Happy hump day, Asia. Here’s the latest news from Bloomberg Economics:

America votes: Most observers expect a shift in power in Congress, but for the Republicans to maintain control of the Senate. Carl Riccadonna has run the midterm numbers and reckons it’s a closer call than forecast
An economist who accurately predicted the rising trade tensions between the U.S. and China now sees a likely resolution of the dispute next year. Singapore’s prime minister, meanwhile, urged the nations to avoid letting trade poison their entire relationship
Federal Reserve Chairman Jerome Powell is learning the hard way about communication as he navigates between the twin shoals of overheating and recession while being buffeted by criticism
After a decade-long drought, America’s employers are making it rain. But will companies hike prices more rapidly to cover rising labor costs?
Here’s what’s coming up at Bloomberg’s New Economy Forum in Singapore today, and the takeaways from yesterday
The Brexit “deal dividend” promised to Britain looks further away than hoped, while Singapore’s prime minister says the U.K. shouldn’t use his nation as a post-Brexit model of success

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