White House's Kirby Says We Are Actively Discussing With Israel Issue Of Safe Passage From Gaza; We Are Having Active Discussions With Congress For More Funding For Ukraine And Israel
Portfolio Pulse from Benzinga Newsdesk
The White House is actively discussing with Israel the issue of safe passage from Gaza. Additionally, active discussions are ongoing with Congress for more funding for Ukraine and Israel.
October 11, 2023 | 5:47 pm
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POSITIVE IMPACT
The White House's active discussions with Israel and Congress could lead to increased funding for Israel, potentially impacting the iShares MSCI Israel ETF (EIS).
The potential increase in funding for Israel, as a result of the discussions between the White House, Israel, and Congress, could lead to a positive impact on the Israeli economy and, by extension, the iShares MSCI Israel ETF (EIS).
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
The discussions between the White House, Israel, and Congress could have implications for the broader market, potentially impacting the SPDR S&P 500 ETF (SPY).
While the discussions between the White House, Israel, and Congress could have implications for the broader market, it is uncertain at this stage what the specific impact on the SPDR S&P 500 ETF (SPY) might be.
CONFIDENCE 65
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
The discussions for more funding for Ukraine could potentially impact the United States Oil Fund (USO), given Ukraine's strategic importance in the global energy market.
Ukraine's strategic importance in the global energy market means that any significant changes in its funding could potentially impact the United States Oil Fund (USO). However, the specific impact is uncertain at this stage.
CONFIDENCE 65
IMPORTANCE 70
RELEVANCE 60