'India-UK Free Trade Agreement Deal Unlikely To Conclude In PM Modi's Second Term' - Financial Post
Portfolio Pulse from Happy Mohamed
India and the UK are still far apart on reaching a free trade deal, according to Reuters. This may impact the iShares MSCI United Kingdom ETF (EWU) and the iShares MSCI India ETF (INDA).
May 18, 2023 | 2:07 pm
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NEUTRAL IMPACT
The iShares MSCI United Kingdom ETF (EWU) may be impacted by the lack of progress in India-UK free trade deal negotiations.
The lack of progress in the India-UK free trade deal negotiations may create uncertainty for investors in the EWU ETF. However, the overall impact on the ETF may be limited as it is not solely dependent on the outcome of these negotiations.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
The iShares MSCI India ETF (INDA) may be impacted by the lack of progress in India-UK free trade deal negotiations.
The lack of progress in the India-UK free trade deal negotiations may create uncertainty for investors in the INDA ETF. However, the overall impact on the ETF may be limited as it is not solely dependent on the outcome of these negotiations.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50