European Central Bank's Lagarde Says Economic Growth To Be Subdued; Recent Indicators Suggest Weak Q3
Portfolio Pulse from Benzinga Newsdesk
European Central Bank's President, Christine Lagarde, has indicated that economic growth is expected to be subdued, with recent indicators suggesting a weak Q3. This could potentially impact the performance of the Vanguard FTSE Europe ETF (VGK), which tracks the performance of the European stock market.
September 14, 2023 | 12:55 pm
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The Vanguard FTSE Europe ETF (VGK) could potentially be impacted by the subdued economic growth and weak Q3 predicted by ECB's Lagarde. VGK tracks the performance of the European stock market.
The Vanguard FTSE Europe ETF (VGK) tracks the performance of the European stock market. Therefore, any negative economic indicators or predictions for the European economy, such as the subdued growth and weak Q3 predicted by ECB's Lagarde, could potentially impact the performance of VGK in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80