Mexican President Says The Texas Governor Is Making The Immigration Situation More Complicated On The Border; We Are Preparing Diplomatic Note On This Matter To Send Today
Portfolio Pulse from Benzinga Newsdesk
Mexican President has criticized the Texas Governor for complicating the immigration situation at the border. Mexico is preparing a diplomatic note on this matter to send today.
October 09, 2023 | 2:33 pm
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NEUTRAL IMPACT
The Mexican President's criticism of the Texas Governor could potentially impact the iShares MSCI Mexico ETF (EWW).
The diplomatic tension between Mexico and Texas could potentially affect the Mexican economy and, by extension, the performance of the EWW ETF. However, the exact impact is uncertain and depends on the outcome of the diplomatic note.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
The SPDR S&P 500 ETF (SPY) could potentially be affected by the diplomatic tension between Mexico and Texas.
The diplomatic tension between Mexico and Texas could potentially affect the US economy and, by extension, the performance of the SPY ETF. However, the exact impact is uncertain and depends on the outcome of the diplomatic note.
CONFIDENCE 60
IMPORTANCE 30
RELEVANCE 30