London — European shares ticked lower and the dollar and bond markets barely budged on Tuesday, as traders braced for midterm elections in the US and some potentially lively sessions ahead. Japan and Hong Kong had helped Asia overcome another Chinese wobble, but Europe slipped into the red early on as investors pounced on some corporate earnings misses and pre-US midterms caution took hold. The elections mark the first major test of President Donald Trump's sweeping tax cuts and hostile trade policies. Polls point to his Republican party losing control of the House of Representatives, which could curb some of his policy making power. The dollar dipped against the euro and sterling, but made up ground on the yen as dealers kept their options open after the US currency's bumper year so far. “It is definitely not the time to buy the dip,” said London & Capital's chief investment officer Pau Morilla-Giner, referring to US and globally focused stock markets and risk assets. “Everything t...

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