Russia's Putin Says Usage Of Nuclear Weapon Is Possible In Theory In Case Of Danger To Our Territory, But There Is No Need; We Have More Such Weapon Than NATO Has
Portfolio Pulse from Benzinga Newsdesk
Russian President Vladimir Putin stated that the use of nuclear weapons is theoretically possible in case of danger to Russia's territory, but there is no current need. He also mentioned that Russia has more nuclear weapons than NATO.
June 16, 2023 | 2:39 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Putin's statement on nuclear weapons may increase geopolitical tensions, potentially impacting the SPY ETF in the short term.
Putin's statement on the possibility of using nuclear weapons in case of danger to Russia's territory may increase geopolitical tensions. This could lead to market uncertainty and negatively impact the SPY ETF, which tracks the S&P 500 index and is sensitive to global events.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
Putin's comments on nuclear weapons and Russia's advantage over NATO may raise concerns for European markets, potentially affecting the VGK ETF in the short term.
Putin's statement about Russia having more nuclear weapons than NATO may raise concerns for European markets, as it highlights potential geopolitical risks. This could lead to market uncertainty and negatively impact the VGK ETF, which tracks the performance of European stocks.
CONFIDENCE 75
IMPORTANCE 65
RELEVANCE 60