Reuters Reported Earlier, China, U.S. In Talks On Arrangements For Commerce Secretary Raimondo's Visit To China
Portfolio Pulse from Charles Gross
China and the U.S. are in discussions regarding the arrangements for U.S. Commerce Secretary Gina Raimondo's visit to China. The news was reported by Reuters but no further details were provided.
August 17, 2023 | 10:17 am
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NEUTRAL IMPACT
The news of U.S. Commerce Secretary's visit to China may impact the iShares China Large-Cap ETF (FXI).
The news of U.S. Commerce Secretary's visit to China could potentially influence the trade relations between the two countries, which may in turn impact the performance of the iShares China Large-Cap ETF (FXI). However, without further details, it's difficult to predict the direction of the impact.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
The news of U.S. Commerce Secretary's visit to China may also impact the SPDR S&P 500 ETF (SPY).
The news of U.S. Commerce Secretary's visit to China could potentially influence the trade relations between the two countries, which may in turn impact the performance of the SPDR S&P 500 ETF (SPY). However, without further details, it's difficult to predict the direction of the impact.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50