High Oil Prices Force Japan Equity Analysts to Slash ForecastsPosted by MarketsWireJapanese firms are starting the earnings season with an increasingly bleak outlook as the failure of US peace talks with Iran drives crude oil prices higher.1 repliestomspark wrote:Oil prices are way overblown as a driver of earnings cuts in Japan — most of their big exporters hedge currency and energy costs pretty aggressively. This feels like analysts doing the hot take thing.