U.S. Defense Secretary Austin Said Will Ensure Israel Has What It Needs To Protect Itself; Said Washington Will Support Ukraine For As Long As It Takes
Portfolio Pulse from Charles Gross
U.S. Defense Secretary Austin has pledged to ensure Israel has what it needs to protect itself and that Washington will support Ukraine for as long as it takes, according to Reuters.

October 11, 2023 | 8:50 am
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POSITIVE IMPACT
The commitment from the U.S. Defense Secretary to ensure Israel's security could boost investor confidence in Israeli assets.
The U.S. Defense Secretary's commitment to Israel's security could increase investor confidence in Israeli assets, potentially leading to a short-term increase in the price of EIS.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
The U.S. Defense Secretary's commitment to global security could have a stabilizing effect on the U.S. market, potentially benefiting SPY.
The U.S. Defense Secretary's commitment to global security could stabilize the U.S. market, potentially leading to a short-term increase in the price of SPY.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
The U.S. Defense Secretary's commitment to global security could stabilize global oil markets, potentially benefiting USO.
The U.S. Defense Secretary's commitment to global security could stabilize global oil markets, potentially leading to a short-term increase in the price of USO.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
The U.S. Defense Secretary's commitment to support Ukraine could stabilize the European market, potentially benefiting VGK.
The U.S. Defense Secretary's commitment to support Ukraine could stabilize the European market, potentially leading to a short-term increase in the price of VGK.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50