Sentences with phrase «strong euro»

But also at an international level the German economy was able to continue its growth trend despite a strong euro.
Conditions were favorable: With TEFAF (The European Fine Art Fair), Maastricht, on the horizon (March 4 - 13) and stimulus from the strong euro and some marquee property, museums, collectors and dealers came forward to bid.
Eurozone companies with much of their cost base overseas should have some cover against a strong euro in the short term.
Companies with much of their cost base overseas should have some cover against a strong euro in the short term, we believe.
According to one senior official who attended the weekend gathering, the National Front were impressed that Cameron had «won the right to cut social benefits for migrants, as well as the right to have guarantees against a strong euro».
To defend a strong euro?
The rate - setter has limited policy room to resist a strong euro.
Eventually, the gap between strong EURO countries and weak EURO counties could become so large that the strong counties would become incapable or unwilling to continue to fund the weak countries.
LONDON A strong euro has helped U.S. companies extend their sales outperformance over Europe to multi-year highs in the first quarter, according to Reuters data - though experts expect the trend to begin to reverse later this year.
BASF's quarterly operating profit edged 2 percent higher as gains in basic petrochemicals as well as in the oil and gas unit, which it aims to list separately, were tempered by a strong euro.
Companies with much of their cost base overseas should have some cover against a strong euro in the short term, we believe.
LUDWIGSHAFEN, Germany, May 4 BASF's quarterly operating profit edged 2 percent higher as gains in basic petrochemicals as well as in the oil and gas unit, which it aims to list separately, were tempered by a strong euro.
Daimler (DAIGn.DE) said the strong euro would dampen revenue growth this year, while Sanofi said a stronger euro had a negative effect of 8.3 percent on sales in the first quarter.
Exporting heavyweights Daimler (DAIGn.DE), Renault (RENA.PA), Continental (CONG.DE) and Sanofi (SASY.PA) have all reported hits to their results from the strong euro in the last week.
LONDON (Reuters)- A strong euro has helped U.S. companies extend their sales outperformance over Europe to multi-year highs in the first quarter, according to Reuters data - though experts expect the trend to begin to reverse later this year.
Chemical groups Bayer (BAYGn.DE) on Thursday became the latest euro zone company affected by the strong euro, cutting its guidance and saying sales will likely fall in 2018.
Exporting heavyweights Daimler (DAIGn.DE), Renault (RENA.PA), Continental (CONG.DE) and Sanofi (SASY.PA) have all reported last month hits to their results from the strong euro.
Heineken (HEIN.AS) said the strong euro would wipe 200 million euros ($ 247 million) off operating profit this year based on current exchange rates.
The European Central Bank (ECB) President Mario Draghi's concerns over the impact of a strong euro on a weak euro zone economy raise the prospect of monetary easing to dent the currency's appeal, an analyst told CNBC.
His comments were seen as negative for the single currency, which has fallen almost 3 percent from a 15 - month high of $ 1.37 hit earlier this month, as European officials step up the rhetoric on a strong euro.
The company still faces hurdles, however, including from a strong euro that affects revenues made in other currencies and converted back.
International revenue growth was also strong, with Europe excluding France up 7.4 percent to 2.4 billion euros, although exchange rates - mainly the strong euro - had a 204 million euro negative impact on revenue.
The forecasts are based on poor demographics, a strong euro and the European Central Bank's (ECB) move away from its ultra-loose monetary policy.
At $ 383 million, EBITDA was up 7.9 % on the high first - quarter 2017 performance, with a significantly stronger euro particularly compared to the US dollar, which resulted in a $ 26 million negative currency effect (on translation only).
A stronger euro could have an impact on European exports and affect prices in the region.
FRANKFURT, May 3 (Reuters)- German drug and crop chemical Bayer on Thursday cut its full - year guidance as a stronger euro weighs on the value of overseas revenues.
But a stronger euro is not always welcomed by the ECB as it might reduce the pace of European exports.
Italian bonds have proved resilient in the last couple of months, supported by stronger euro zone growth as well as less Euroskeptic sentiment in the country.
MILAN (Reuters)- The recent recovery in the dollar has raised hopes that currency turbulence for European corporates will now subside, after first quarter earnings took a hit from the stronger euro.
Bayer says the pressure from a stronger euro on overseas revenues would translate into a decline in earnings this year, as it prepares to close its $ 62.5 billion takeover of U.S. seeds maker Monsanto next quarter.
FRANKFURT Bayer said the pressure from a stronger euro on overseas revenues would translate into a decline in earnings this year, as it prepares to close its $ 62.5 billion takeover of U.S. seeds maker Monsanto this quarter.
However, equities in the region aren't the bargain they were in late 2016; a stronger euro also is likely.
Although a weaker dollar / stronger euro benefits U.S. multinationals and is negative for European multinationals, we believe that the stronger euro is ultimately a plus for European equities.
The recent recovery in the dollar has raised hopes that currency turbulence for European corporates will now subside, after first quarter earnings took a hit from the stronger euro.
Throw in a stronger euro, and a seemingly relaxed Beijing, and the yuan could easily strengthen further.
The recently stronger euro, which could hurt exports, was mentioned throughout.
He said that «new headwinds» had arisen from a recently stronger euro.
The stronger euro has so far barely dented export growth, and domestic demand conditions were generally seen to have improved.
But a stronger euro could slow the pace of earnings growth among European companies, and other risks include politicians not delivering on reforms, the European Central Bank (ECB) winding back its stimulus too soon and renewed political instability in Italy.
A year ago, eurozone observers were looking at deflation numbers, a lackluster economy and a stronger euro.
Admittedly, monetary conditions have tightened over the last six months, under the impact of a stronger euro and higher long - term interest rates.
A weaker U.S. dollar and stronger euro aren't compelling enough to reassure European investors, even at a time when the European Central Bank's Mario Draghi is touting the region's «robust recovery,» Bloomberg reported.
A stronger euro could slow the pace of earnings growth among European companies.
Coq, El Neny, Xhaka — Havent seen enough of the new man but his Bundesliga rep and strong Euros performance have me cautiously optimistic.
Yet firms are grappling with a stronger euro, which risks putting off some tourists shopping in the bloc, and the Chinese revival is already a year - old, making earnings comparisons tougher and spelling headwinds further down the lines.
The stronger euro has tightened financial conditions that typically lead to weaker growth (as measured by the PMI).
In short, the stronger euro has led to lowered inflation forecasts, but the revisions were minor enough that the ECB considered then «broadly unchanged.»
Also, the stronger euro has led to tighter financial conditions in the euro area, but they're not too tight yet, which is a subtle way of saying that the ECB's is concerned with the euro's strength this year, but not yet all that worried.

Not exact matches

International revenue growth was also strong, with Europe excluding France up 7.4 percent to 2.4 billion euros, although...
«Arkema has made a very strong start to the year, with a 33 % year on year increase in adjusted net income despite a high basis of comparison in first quarter 2017 and the very strong appreciation of the euro.
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