News Headline Summary

Risk-on sentiment continues to dominate, as markets remain hopeful that Obama will be able to tackle the looming "fiscal cliff" in spite of not having an outright control of the Congress

Update details:

- Democrats have retained a majority in the US Senate, but Republicans extended their advantage in the US House of Representatives.

Print 10:13, 07 Nov 2012 - Market Analysis - Source: RANsquawk