(Corrects the quotation from paragraph 6 to read "tax cuts" and not "haunts")
* Going high, but keep winning as the Dems get the House
* Output results in line with market expectations
* Trade concerns are likely to remain despite the democrats' victory
Bi Hideiuki Sano
TKIO, November 7 (Reuters) – Valuable stock exchanges in Asia and Asia held earlier earnings Wednesday after Democrats won control of the US House, increasing the party's ability to block the political and economic agenda of President Donald Trump.
The victory of the Democratic House creates a clear obstacle for the Republicans to easily adopt legislation through both houses of the Congress, blurring prospects for some of Trump's main economic proposals.
In Asian trade, the main broadcasters projected that the Democrats would run out of control over the houses, while the Republicans would see the retention of the Senate.
Although both results are largely in line with market expectations, the market for reasons has not been sold, the prospects of political interference create uncertainty for investors. The dollar has weakened against most of its major counterparts.
In stock markets, the US S & P500 futures grew 0.3 percent, MSCI's broadest index of Asia-Pacific shares outside Japan rose by 0.3 percent, and Japan's Nikkei achieved 1.2 percent.
"For the Republicans, it has become increasingly difficult to pass additional tax relief or changes to the Dodd-Frank regulations (on financial institutions)," said Tomoaki Shishido, a fixed income analyst at Nomura Securities.
The attitude of the investor was unstable in the Asian trade in shares, and the dollar was heading towards the changing outlook of the Republicans to keep the House.
Although the divided Congress would put a brake on the Trumpet agenda, such as tax cuts or deregulation, some investors believe that the Democrats might agree to more expenses.
"There is still a compromise to spend, and even with a divided government, I expect more fiscal incentives in the future." There is also a possibility of compromising the spending of infrastructure, "said Steve Friedman, senior economist at BNP Paribas Asset Management in New York.
"If there is an additional fiscal incentive, this suggests that fiscal policy is higher for growth in US growth and that all equals should support action."
On the other hand, many investors also expect Trump to continue to boast of tariffs, which he can impose without the approval of the Congress. It remains in the care of the trade war between China and the United States.
The huge tax rebate in Trump, adopted in December, and a spending agreement that was reached in February helped boost the US economy, but also widened the federal budget deficit in the United States.
As a result, Treasury supplies are rising, increasing yields of US bonds.
The election results impacted the ten-year US market yield of about 2 basis points to 3.193 percent, with seven years high of 3.261 percent touched a month ago. But the debt market also remains under pressure from this year's record number of long-term sovereign debt bids.
Oil prices were soft after a drop of two percent the previous day, while US crude prospects fell to eight months after Washington sanctioned sanctions against top Iranian oil buyers and Iran said it could sell so much oil so far.
Oil for Western Texas Intermediate (VTI) traded 0.5 percent lower to $ 61.91 a barrel, down from $ 61.31 a barrel Tuesday, the lowest since March 16.
In the currency market, the dollar fell to the results of the US election. Compared to yen, it was 0.2 percent lower at 113.23, which diverted earlier earnings to a one-week maximum of 113.82 yen.
The euro rose 0.3 percent to $ 1.1467, while the British pound rose 0.3 percent to $ 1.3140, falling three weeks.
Last year's Sterling gain has grown in the hope that Brekit will agree on the breakthrough after Brekit Secretary Dominik Raab said "Thumbs Up" at the exit of the government meeting.
This helped the banned increase in losses after the objections of a senior member of the North-Irish Party of the Democratic Union of Unity earlier when it seemed that Britain would have left the EU without agreement. (Report by Hideyuki Sano in Tokyo, additional reports by Daniel Leussink in Tokyo and Daniel Bases in New York, Editing by Sam Holmes)