Russian Foreign Ministry Says U.N. Has Confirmed In Context Of Black Sea Grain Deal That It Cannot Do Anything To Help Reconnect Russian Agro Bank To SWIFT Payment System Or Restart The Ammonia Pipeline
Portfolio Pulse from Happy Mohamed
The Russian Foreign Ministry stated that the U.N. confirmed it cannot help reconnect Russian Agro Bank to the SWIFT payment system or restart the ammonia pipeline in the context of the Black Sea grain deal.
June 20, 2023 | 1:37 pm
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NEUTRAL IMPACT
The inability to reconnect Russian Agro Bank to SWIFT and restart the ammonia pipeline may have a limited impact on SPY.
The news is related to the Russian Agro Bank and the ammonia pipeline, which are not directly linked to the SPY ETF. However, the situation may have a limited impact on the overall market sentiment, which could indirectly affect SPY.
CONFIDENCE 80
IMPORTANCE 20
RELEVANCE 20
NEUTRAL IMPACT
The inability to reconnect Russian Agro Bank to SWIFT and restart the ammonia pipeline may have a limited impact on VGK.
The news is related to the Russian Agro Bank and the ammonia pipeline, which are not directly linked to the VGK ETF. However, the situation may have a limited impact on the overall market sentiment, particularly in Europe, which could indirectly affect VGK.
CONFIDENCE 80
IMPORTANCE 20
RELEVANCE 20