U.S. State Department: Blinken To Visit China June 16-21; Blinken Will Go To China, The United Kingdom, June 16-21
Portfolio Pulse from Benzinga Newsdesk
U.S. Secretary of State Antony Blinken will visit China and the United Kingdom from June 16-21, according to the U.S. State Department. This visit may impact ETFs such as EWU, FXI, and SPY.
June 14, 2023 | 12:12 pm
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NEUTRAL IMPACT
Blinken's visit to the UK may impact the iShares MSCI United Kingdom ETF (EWU) as it could influence UK-US relations.
Blinken's visit to the UK may lead to discussions on trade, security, and other issues that could impact the UK economy and, in turn, the performance of the EWU ETF. However, the short-term impact is uncertain.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Blinken's visit to China may impact the iShares China Large-Cap ETF (FXI) as it could influence US-China relations.
Blinken's visit to China may lead to discussions on trade, security, and other issues that could impact the Chinese economy and, in turn, the performance of the FXI ETF. However, the short-term impact is uncertain.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Blinken's visits to China and the UK may impact the SPDR S&P 500 ETF Trust (SPY) as it could influence global market sentiment.
Blinken's visits to China and the UK may lead to discussions on trade, security, and other issues that could impact global market sentiment and, in turn, the performance of the SPY ETF. However, the short-term impact is uncertain.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50