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View Full Version : Demand Offsets Impact of Oil's Surge on Nikkei, UBS Says - Bloomberg



NewsWhore
03-07-2011, 04:31 AM
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Demand Offsets Impact of Oil&#39;s Surge on Nikkei, UBS Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHYy0Qxoh0ElmJDKNzUkj6__j5XEA&url=http://www.bloomberg.com/news/2011-03-07/demand-offsets-impact-of-oil-s-surge-on-nikkei-ubs-says-1-.html)
Bloomberg
As long as Japan&#39;s currency remains weaker than 80 yen to the US dollar, operating profit could continue to rise, even if oil reaches $140 a barrel, the analysts wrote. â??The possibility remains that such uncertainties in the Middle East could spread ...

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