Russian Foreign Minister Lavrov Says We Don't See Any New Guarantees On Grain Deal; West Hampers Russian Grain, Fertilizers Exports; If Promises Are Fulfilled Tomorrow, Then The Grain Deal Could Be Resumed Tomorrow
Portfolio Pulse from Happy Mohamed
Russian Foreign Minister Lavrov has stated that the West is hampering Russian grain and fertilizer exports. He added that if promises are fulfilled, the grain deal could be resumed immediately.
August 31, 2023 | 2:42 pm
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NEUTRAL IMPACT
The news could potentially impact the price of CORN ETF as it tracks the performance of corn.
The news about the Russian grain deal could potentially affect the price of corn, and therefore the CORN ETF. However, the exact impact is uncertain and depends on the specifics of the deal and the reaction of the market.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
The news could potentially impact the price of SOYB ETF as it tracks the performance of soybeans.
The news about the Russian grain deal could potentially affect the price of soybeans, and therefore the SOYB ETF. However, the exact impact is uncertain and depends on the specifics of the deal and the reaction of the market.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
The news could potentially impact the price of SPY ETF as it tracks the performance of the S&P 500.
The news about the Russian grain deal could potentially affect the overall market, and therefore the SPY ETF. However, the exact impact is uncertain and depends on the specifics of the deal and the reaction of the market.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
The news could potentially impact the price of VGK ETF as it tracks the performance of European stocks.
The news about the Russian grain deal could potentially affect European markets, and therefore the VGK ETF. However, the exact impact is uncertain and depends on the specifics of the deal and the reaction of the market.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
The news could potentially impact the price of WEAT ETF as it tracks the performance of wheat.
The news about the Russian grain deal could potentially affect the price of wheat, and therefore the WEAT ETF. However, the exact impact is uncertain and depends on the specifics of the deal and the reaction of the market.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70