10% rise in the euro would hit Eurozone corporate earnings by 5-8% say Morgan Stanley

US investment bank Morgan Stanley out with a note 1 Aug - EZ GDP would be cut by 0.7% within a year - euro strength favours banks, retailing and utilities most, hurts materials, food/beverage and tobacco Reuters carrying the story . The post 10% r...

US investment bank Morgan Stanley out with a note 1 Aug - EZ GDP would be cut by 0.7% within a year - euro strength favours banks, retailing and utilities most, hurts materials, food/beverage and tobacco Reuters carrying the story .

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