U.S. State Dept Says We Will Not Hesitate To Impose Sanctions On Russia And North Korea Over Any Future Arms Deals If And When It's Appropriate
Portfolio Pulse from Benzinga Newsdesk
The U.S. State Department has announced that it will not hesitate to impose sanctions on Russia and North Korea over any future arms deals if and when it's appropriate. This could potentially impact global markets and specific ETFs.
September 13, 2023 | 5:54 pm
News sentiment analysis
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NEGATIVE IMPACT
The South Korea ETF (EWY) could be impacted by potential sanctions on North Korea, as geopolitical tensions could affect South Korean markets.
Sanctions on North Korea could increase geopolitical tensions in the region, which could negatively impact South Korean markets and, by extension, the EWY ETF.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
The S&P 500 ETF (SPY) could be indirectly affected by potential sanctions on Russia and North Korea, as these could create global market volatility.
Sanctions on Russia and North Korea could create uncertainty and volatility in global markets, which could indirectly impact the SPY ETF.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEGATIVE IMPACT
The Europe ETF (VGK) could be impacted by potential sanctions on Russia, as Europe has significant trade relations with Russia.
Sanctions on Russia could disrupt trade relations between Europe and Russia, which could negatively impact European markets and, by extension, the VGK ETF.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 60