U.S. President Biden Says U.S. Is Committed To A Free, Open, Prosperous And Secure Indo-Pacific Region
Portfolio Pulse from Benzinga Newsdesk
U.S. President Biden has expressed the country's commitment to a free, open, prosperous, and secure Indo-Pacific region. This could potentially impact the performance of ETFs that track Asian markets.
September 25, 2023 | 2:54 pm
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NEUTRAL IMPACT
EWT, an ETF that tracks Taiwan's market, could be impacted by the U.S.'s commitment to a secure Indo-Pacific region.
The U.S.'s commitment to a secure Indo-Pacific region could potentially influence the stability and performance of Taiwan's market, which EWT tracks.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
FXI, an ETF that tracks China's market, could be impacted by the U.S.'s commitment to a secure Indo-Pacific region.
The U.S.'s commitment to a secure Indo-Pacific region could potentially influence the stability and performance of China's market, which FXI tracks.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
SPY, an ETF that tracks the S&P 500, may see indirect effects from the U.S.'s commitment to a secure Indo-Pacific region.
While SPY tracks the U.S. market, global geopolitical developments such as the U.S.'s commitment to a secure Indo-Pacific region could indirectly influence its performance.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50