France Gross Domestic Product (QoQ) (Q2) 0.5% Vs. 0.1% Est.; 0.1% Prior
Portfolio Pulse from Benzinga Newsdesk
France's Gross Domestic Product (GDP) for Q2 has increased by 0.5%, surpassing the estimated 0.1% and the prior 0.1%.
July 28, 2023 | 5:33 am
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POSITIVE IMPACT
The iShares MSCI France ETF (EWQ) could be positively impacted by the better-than-expected Q2 GDP growth in France.
The iShares MSCI France ETF (EWQ) tracks the performance of the French market. Therefore, a better-than-expected GDP growth in France, which indicates a stronger economy, could lead to a positive impact on the ETF's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100