Thu, Jul 28, 2016
A A A
Welcome vaishu
RSS

Commodities Briefing - Categorized | Currencies more

Emerging currency rout to squeeze European profits on consumer staples

Posted on 04 September 2013

European companies that have ridden a boom in sales to Brazilian, Indian and South African consumers now face an uncomfortable third quarter as currency routs crimp demand and weigh on profits.
Consumer staples companies are expected to bear the brunt of prolonged currency weakness in these and other prominent emerging economies since the U.S. Federal Reserve began to talk of running down the policy that has pumped cheap cash around the world………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 46975 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
July 2016
S M T W T F S
« Jun    
 12
3456789
10111213141516
17181920212223
24252627282930
31