Yen Weakens Against Euro, Providing Earnings Boost for Exporters

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 18 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 63%

Bloomberg Nouvelles

Japanese Firms,Japanese Companies,European Sales

(Bloomberg) -- The yen has weakened about 9% against the euro so far this year providing a potential earnings boost for Japanese companies with significant...

-- The yen has weakened about 9% against the euro so far this year providing a potential earnings boost for Japanese companies with significant sales in Europe.Mortgages Stuck Around 7% Force Rapid Rethink of American Dream

In addition to direct imports to Europe, the weaker yen can also help Japanese firms undercut pricing of European competitors in third countries, according to Tsuyoshi Ueno, a senior economist at NLI Research Institute. Stocks splits are usually bullish. Here are 8 expensive stocks that could get a boost by following Nvidia's 10-for-1 move.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 47. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Dollar Firms, Yen Weakens as Stocks Tread Water: Markets WrapUS equity futures pointed to declines on Wall Street as May’s early gains unwind. Treasury yields rose.
La source: BNNBloomberg - 🏆 83. / 50 Lire la suite »