Shin-Etsu Chemical (4063 JT) withholds FY guidance due to the situation around the Middle East
Shin-Etsu Chemical's decision to withhold FY guidance due to ongoing Middle East tensions signals a notable level of uncertainty regarding their operational outlook.
ADNOC has told some oil buyers to pick up Gulf supply outside the Strait of Hormuz, as producers look to diversify to other routes and bring their oil to the market, Bloomberg reports
BoJ Governor Ueda says can not say how many months it would take to gauge timing of next rate hike, will look to see if underlying inflation has a clear upward risks
Shin-Etsu Chemical (4063 JT) withholds FY guidance due to the situation around the Middle East
BoJ Governor Ueda says want to take a little more time in gauging how Middle East situation would affect Japanese economy and prices
BoJ Governor Ueda says likelihood of price and economic outlook materialising has fallen due to Middle East uncertainty
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This move could be interpreted as a precautionary measure, potentially affecting investor sentiment and sector perception as the geopolitical situation unfolds. Traders should watch for any potential impact on supply chains and market stability as a result of these developments.
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