Russian Foreign Minister Lavrov Says Zelenskiy's Peace Formula For Settlement In Ukraine Is Unacceptable, Doomed To Fail
Portfolio Pulse from Happy Mohamed
Russian Foreign Minister Lavrov has stated that Zelenskiy's peace formula for settlement in Ukraine is unacceptable and doomed to fail. This could potentially escalate tensions between Russia and Ukraine.
August 31, 2023 | 2:28 pm
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NEGATIVE IMPACT
The SPY ETF, which tracks the S&P 500, could be indirectly affected by escalating tensions between Russia and Ukraine. Increased geopolitical risk can lead to market volatility.
Geopolitical tensions can lead to market volatility, which can impact broad market indices like the S&P 500, which the SPY ETF tracks.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
The VGK ETF, which tracks European stocks, could be more directly affected by escalating tensions between Russia and Ukraine. Increased geopolitical risk can lead to market volatility.
Geopolitical tensions can lead to market volatility, which can impact regional market indices. The VGK ETF, which tracks European stocks, could be more directly affected due to geographical proximity.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 70