BUSINESSBLOOMBERG
Japanese Firms Have Buffer Before Stronger Yen Hits Earnings
The yen's sharp rally triggered a selloff in Japanese equities, but the currency did not breach the level used by companies as a basis for profit forecasts, providing stocks with potential to rebound.
Related Signal
Adjacent reporting
- Japan Stocks Set to Climb as Yen Hits 40-Year Low: Markets Wrap
- Asian shares follow Wall Street higher, while the Japanese yen hits a 39-year low against the dollar
- Asian stocks rebound and yen jumps on signs of intervention
- Asia Stocks to Gain After US Rally, Yen Holds Jump: Markets Wrap
- World shares follow Wall Street higher, while the Japanese yen hits a 39-year low against the dollar