Russia's Putin Has No Plans To Speak To Turkey's Erdogan Yet
Portfolio Pulse from Benzinga Newsdesk
According to Reuters citing Tass, Russian President Vladimir Putin has no immediate plans to speak with Turkish President Recep Tayyip Erdogan.
July 12, 2023 | 3:17 pm
News sentiment analysis
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NEGATIVE IMPACT
The news may cause uncertainty in the market, potentially affecting the SPY ETF, which tracks the S&P 500 index.
The lack of dialogue between Russia and Turkey could lead to geopolitical tensions, which often result in market volatility. As SPY tracks the S&P 500, it could be affected by this uncertainty.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
The news may impact the VGK ETF, which tracks European stocks, due to potential geopolitical tensions between Russia and Turkey.
The lack of dialogue between Russia and Turkey could escalate into geopolitical tensions. As VGK tracks European stocks, it could be affected by any potential fallout between the two countries.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 60