The midterm elections are two weeks out today and naturally the markets are moving thick and fast. The overwhelming trend is towards the Democrats, in line with pretty consistent poll trends.

The Senate races are a perfect example. If the favourite wins each race, the Democrats will regain control by 52-48 margin. Whilst four of those seats currently favouring the Democrats are competitive, there is no hint of a Republican comeback.

Rather, Maine, Michigan and Ohio have moved further towards the Democrats. Furthermore, the next two on their target list – Iowa and Kansas – remain highly competitive, while longer shot targets Nebraska, South Carolina and Mississippi are still in the conversation.

SENATE CONTROL

Democrats -215 (WAS -205)

Republicans +175

REPUBLICAN TOTAL SEATS

Over 47.5 -135 (WAS -145)

Under 47.5 +105

KANSAS

Marshall (R) -180

Hamilton (D) +150 (WAS +160)

MAINE

Jackson (D) -175 (WAS -165)

Collins (R) +145

MICHIGAN

El-Sayed (D) -275 (WAS -250)

Rogers (R) +215

OHIO

Brown -225 (Was -215)

Husted +185

MISSISSIPPI

HYDE-SMITH VICTORY MARGIN

Over/Under 7.5%, Both -120 (Was 9.5%)

NEW HAMPSHIRE

Pappas (D) -1400 (Was -1000)

Sununu (R) +1000

The story is similar for House and Governor betting. Favourites becoming stronger rather than races tightening. Here, there are some slight positives for Republicans, with a few very longshot Democrat targets looking less likely.

HOUSE

AZ-01

Shah (D) -500 (WAS -425)

Feely (R) +375

AZ-02

Crane (R) -300 (WAS -275)

Nez (D) +215

NJ-02

Van Drew (R) -550 (WAS -450)

Mullock (D) +375

MI-07

Lawrence (D) -185 (WAS -175)

Barrett (R) +155

VA-01

Taylor (D) -150 (WAS -140)

Wittman (R) +110

VA-02

Luria (D) -1200 (WAS -900)

Kiggans (R) +600

VA-05

McGuire (R) -275 (WAS -300)

Perriello (D) +215

GOVERNOR

ARKANSAS – HUCKABEE-SANDERS VICTORY MARGIN

Under/Over 14.5%, Both -120 (WAS 12.5%)

OHIO

Acton (D) -350 (WAS -300)

Ramaswamy (R) +275

OREGON

Kotek (D) -400 (WAS -325)

Drazan (R) +300