Turkey, Sweden, Finland And NATO Agreed To Continue Working On The Prospective Concrete Steps For Sweden's NATO Membership
Portfolio Pulse from Benzinga Newsdesk
Turkey, Sweden, Finland, and NATO have agreed to continue working on prospective concrete steps for Sweden's NATO membership, according to the Turkish Presidency.
June 14, 2023 | 1:45 pm
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NEUTRAL IMPACT
Sweden's potential NATO membership may impact the iShares MSCI Finland ETF (EFNL) due to regional geopolitical changes.
Sweden's potential NATO membership may lead to regional geopolitical changes, which could indirectly impact Finland and the iShares MSCI Finland ETF (EFNL). However, the direct impact on the ETF is uncertain.
CONFIDENCE 70
IMPORTANCE 40
RELEVANCE 50
NEUTRAL IMPACT
Sweden's potential NATO membership may impact the iShares MSCI Sweden ETF (EWD) due to changes in the country's geopolitical landscape.
Sweden's potential NATO membership may lead to changes in the country's geopolitical landscape, which could indirectly impact the iShares MSCI Sweden ETF (EWD). However, the direct impact on the ETF is uncertain.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 70
NEUTRAL IMPACT
Sweden's potential NATO membership may have a minimal impact on the SPDR S&P 500 ETF Trust (SPY) due to its broad market exposure.
The SPDR S&P 500 ETF Trust (SPY) has broad market exposure, and Sweden's potential NATO membership is unlikely to have a significant direct impact on the ETF.
CONFIDENCE 70
IMPORTANCE 20
RELEVANCE 20
NEUTRAL IMPACT
Turkey's involvement in Sweden's potential NATO membership may impact the iShares MSCI Turkey ETF (TUR) due to regional geopolitical changes.
Turkey's involvement in Sweden's potential NATO membership may lead to regional geopolitical changes, which could indirectly impact the iShares MSCI Turkey ETF (TUR). However, the direct impact on the ETF is uncertain.
CONFIDENCE 70
IMPORTANCE 40
RELEVANCE 50
NEUTRAL IMPACT
Sweden's potential NATO membership may impact the Vanguard FTSE Europe ETF (VGK) due to changes in the European geopolitical landscape.
Sweden's potential NATO membership may lead to changes in the European geopolitical landscape, which could indirectly impact the Vanguard FTSE Europe ETF (VGK). However, the direct impact on the ETF is uncertain.
CONFIDENCE 70
IMPORTANCE 30
RELEVANCE 40