DBS: US dollar weakness bodes well for technology sector earnings

22 August 2017 | 1 minute read

Thanks to a weakening US dollar, DBS has made an upward revision to its technology sector earnings forecast. “On a six-month basis, the earnings forecast for the technology sector has been revised up by 5.2%,” the bank said in its latest investment note. “The positive impact arising from the prevailing dollar weakness appears to be somewhat tied in with the…

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