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Posted 2 hours ago
BMW Issues Profit Warning Citing China Slowdown and Iran Risks
BMW has issued a significant profit warning, cutting its full-year margin outlook as weakening Chinese demand and Iran-related supply disruptions weigh on results. The German automaker now expects its automotive segment EBIT margin to fall below its previously guided range, marking a sharp downgrade from earlier forecasts.
The warning pressures EUR/USD and EUR/JPY, as Germany's export-heavy economy is highly sensitive to BMW-style industrial shocks. Traders should watch for euro weakness if sentiment around German manufacturing deteriorates further, with risk-off flows potentially boosting JPY and USD.
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