The Impact of Emerging Market Currencies on Corporate America’s Earnings (Forbes)
Wolfgang Koester, the chief executive and co-founder FiREapps, a provider of currency exposure management tools, has written an informative article for Forbes that included an interesting graphic showing the impact emerging market currencies have on corporate America’s earnings plus a second graphic that shows a growing understanding of this impact by analysts.
Koester noted that since 2012, the “currency culprits” – currencies that corporates mention the most often as impacting earnings – have changed as the following graphic reveals:
As you can see from the above graphic, at least two out of five currencies most mentioned in earnings calls as being impactful are emerging market currencies.
In addition, the following chart shows that analysts are beginning to ask increasingly pointed and sophisticated questions of CFOs and CEOs during corporate earnings calls about the impact foreign exchange is having on earnings:
To read the whole article, How Emerging Market Mayhem Turns Up In Corporate America’s Earnings, go to the website of Forbes.
- Analysts Favor Currencies Like the Mexican Peso, Won and Zloty (WSJ)
- What the HSBC Earnings Report Tells Us About Emerging Markets (Forbes)
- What Makes Emerging Market Debt Tick? (CFA Institute)
- A “Made-in-America” Revival to Trouble Emerging Market Currencies? (Bloomberg)
- Estée Lauder’s Focus on Prestige Beauty Products Pays Off in Emerging Markets (Forbes)
- Macau Casino Stocks are Entering a “Multi-year Earnings Decline Cycle” (GGRAsia)
- Allocation and Share of Institutional Investors in Emerging Market Funds (EM Equity)
- F/X Exposure Hit APAC Corporates (Asset Benchmark Research)
- Flash Note: Emerging Market Currencies (Pictet Wealth Management)
- Invesco Manager: Brazil a “Sinkhole of Corruption Still Searching for a Bottom” (Forbes)
- Emerging Market Currency ETF List
- Infographic: Countries Not Using the US Dollar for Trade (Sputnik)
- Risk Factors Triggering the Most Analyst Questions in Asia (Asset Benchmark Research)
- Korea & Taiwan Use Renminbi for Majority of Payments with China & Hong Kong (The Asset)
- Russia Is Winning the Financial War (Lewrockwell.com)
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