Fox Business Reporter Posts "The Source Familiar With The Conversation Says Deputy Treasury Secretary Wally Adeyemo Told A Closed Door Room Of House Democrats The U.S. Has A Quiet Agreement With Qatar Not To Move Any Of The $6B In Unfrozen Money To Iran"
Portfolio Pulse from Benzinga Newsdesk
A source familiar with the matter has revealed that Deputy Treasury Secretary Wally Adeyemo told House Democrats that the US has a quiet agreement with Qatar not to move any of the $6B in unfrozen money to Iran.
October 12, 2023 | 5:27 pm
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NEUTRAL IMPACT
The news of a quiet agreement between the US and Qatar could potentially impact the stability in the Middle East, indirectly affecting the iShares MSCI Israel ETF (EIS).
While the news does not directly mention EIS, the geopolitical implications of the agreement could potentially affect the stability in the region, and thus the performance of the ETF.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
The news could potentially impact the SPDR S&P 500 ETF (SPY) due to the geopolitical implications of the agreement between the US and Qatar.
The news could potentially impact the SPY due to the geopolitical implications of the agreement. However, the direct impact on the ETF is uncertain.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
The United States Oil Fund (USO) could potentially be impacted by the news due to the geopolitical implications of the agreement between the US and Qatar.
The news could potentially impact the USO due to the geopolitical implications of the agreement. However, the direct impact on the ETF is uncertain.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50