Ukraine's Foreign Minister Called On U.S. Counterpart In Phone Call To Supply Kyiv With Long-Range Army Tactical Missile System (ATCMs)
Portfolio Pulse from Happy Mohamed
Ukraine's Foreign Minister has requested the U.S. to supply Kyiv with Long-Range Army Tactical Missile Systems (ATCMs).
August 07, 2023 | 4:47 pm
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POSITIVE IMPACT
The request for ATCMs from the U.S. could potentially impact the defense sector, which is part of the SPY ETF.
The request for ATCMs could lead to an increase in defense contracts, potentially boosting the defense sector stocks within the SPY ETF.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
The request for ATCMs could potentially impact the European market, which is represented by the VGK ETF.
The request for ATCMs could lead to geopolitical tensions, potentially impacting the European market stocks within the VGK ETF.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50