President Biden Said He Was Disappointed That Chinese President Xi Jinping Was Not Attending The Summit Of G20 Leaders In India
Portfolio Pulse from Charles Gross
President Biden expressed disappointment over Chinese President Xi Jinping's absence from the G20 Leaders Summit in India.
September 03, 2023 | 9:44 pm
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NEUTRAL IMPACT
The absence of Chinese President Xi Jinping from the G20 Summit may impact the sentiment towards Chinese stocks, potentially affecting the iShares China Large-Cap ETF (FXI).
The absence of a key figure like President Xi Jinping from a major international event like the G20 Summit could influence investor sentiment towards Chinese stocks. This could indirectly affect the performance of the iShares China Large-Cap ETF (FXI), which tracks the performance of large-cap Chinese equities.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
The G20 Leaders Summit being held in India could potentially influence the iShares MSCI India ETF (INDA).
The G20 Summit being held in India could potentially influence investor sentiment towards Indian stocks. This could indirectly affect the performance of the iShares MSCI India ETF (INDA), which tracks the performance of large and mid-sized Indian equities.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 80
NEUTRAL IMPACT
The G20 Leaders Summit and the comments from President Biden could potentially influence the SPDR S&P 500 ETF (SPY).
The G20 Summit and the comments from President Biden could potentially influence investor sentiment towards US stocks. This could indirectly affect the performance of the SPDR S&P 500 ETF (SPY), which tracks the performance of the S&P 500 Index.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60