Ukrainian President's Chief Of Staff Says Participants Of Weekend Talks In Saudi Arabia Agreed To Hold Another Meeting Of Political Advisers In 1-1.5 Months; Says All Countries Present At Talks Fully Supported Independence And Territorial Integrity
Portfolio Pulse from Happy Mohamed
The Chief of Staff for the Ukrainian President announced that participants of the weekend talks in Saudi Arabia agreed to hold another meeting of political advisers in 1-1.5 months. All countries present at the talks fully supported Ukraine's independence and territorial integrity.

August 07, 2023 | 2:37 pm
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NEUTRAL IMPACT
The news may not have a direct impact on SPY as it is a broad-based ETF tracking the S&P 500 and is not specifically tied to geopolitical events in Ukraine or Saudi Arabia.
SPY is a broad-based ETF and its performance is generally tied to the overall performance of the US stock market, not specific geopolitical events. Therefore, the news about Ukraine's political talks in Saudi Arabia is unlikely to have a significant impact on SPY.
CONFIDENCE 80
IMPORTANCE 10
RELEVANCE 10
NEUTRAL IMPACT
The news may not have a direct impact on USO as it is an ETF that tracks the performance of West Texas Intermediate (WTI) crude oil. The talks in Saudi Arabia did not specifically address oil-related issues.
USO is an ETF that tracks the performance of WTI crude oil. The news about Ukraine's political talks in Saudi Arabia did not specifically address oil-related issues, so it is unlikely to have a significant impact on USO.
CONFIDENCE 80
IMPORTANCE 10
RELEVANCE 10
NEUTRAL IMPACT
The news may have a minor impact on VGK as it is an ETF that tracks European stocks and Ukraine is a part of Europe. However, the impact is likely to be limited as the talks did not result in any significant policy changes.
VGK is an ETF that tracks European stocks and Ukraine is a part of Europe. However, the talks did not result in any significant policy changes, so the impact on VGK is likely to be limited.
CONFIDENCE 60
IMPORTANCE 20
RELEVANCE 20