Al Quds Brigades Of Palestinian Islamic Jihad Claim Responsibility For Operation At Lebanon-Israel Border
Portfolio Pulse from Benzinga Newsdesk
Al Quds Brigades of Palestinian Islamic Jihad has claimed responsibility for an operation at the Lebanon-Israel border, according to Reuters citing Telegram. The news may have implications for EIS, SPY, and USO.
October 09, 2023 | 3:06 pm
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NEGATIVE IMPACT
The operation at the Lebanon-Israel border may increase geopolitical risks, potentially affecting the iShares MSCI Israel ETF (EIS).
Geopolitical tensions can lead to market volatility, which may negatively impact the performance of the EIS ETF, which tracks the Israeli market.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
The operation at the Lebanon-Israel border may increase global geopolitical risks, potentially affecting the SPDR S&P 500 ETF (SPY).
Geopolitical tensions can lead to market volatility, which may negatively impact the performance of the SPY ETF, which tracks the US market.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60
NEGATIVE IMPACT
The operation at the Lebanon-Israel border may increase geopolitical risks in the Middle East, potentially affecting the United States Oil Fund (USO).
Geopolitical tensions in the Middle East can lead to oil price volatility, which may negatively impact the performance of the USO ETF, which tracks the price of oil.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 70