Trading house chiefs cite US midterm-driven uncertainty as a macro catalyst.
Context
What happened: Japan's largest trading houses are preparing for renewed volatility in global energy, currencies and U.S. investment after the Democratic Party won control of both houses of Congress in the U.S. midterm elections.
Why it matters: Reactions among the trading houses are mixed, with some seeing business opportunity in the U.S. even under divided government.
What changed
Japan's largest trading houses are preparing for renewed volatility in global energy, currencies and U.S. investment after the Democratic Party won control of both houses of Congress in the U.S. midterm elections.