Russia And UAE Have Requested Urgent Meeting Of UN Security Council On Oct. 18 After The Strike On Hospital In Gaza
Portfolio Pulse from Benzinga Newsdesk
Russia and the UAE have requested an urgent meeting of the UN Security Council following a strike on a hospital in Gaza, according to Reuters citing Tass. The news may impact the performance of certain ETFs.
October 17, 2023 | 7:43 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
The iShares MSCI Israel ETF (EIS) may be affected due to the geopolitical tension in the region.
The strike on a hospital in Gaza and the subsequent call for a UN Security Council meeting by Russia and the UAE could escalate geopolitical tensions in the region, potentially affecting the performance of the EIS ETF, which tracks the investment results of an index composed of Israeli equities.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
The SPDR S&P 500 ETF (SPY) may experience some volatility due to the geopolitical tension.
The geopolitical tension following the strike on a hospital in Gaza could cause some volatility in global markets, potentially affecting the performance of the SPY ETF, which tracks the S&P 500 Index.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60
NEGATIVE IMPACT
The United States Oil Fund (USO) may be indirectly affected due to potential geopolitical tensions.
The strike on a hospital in Gaza and the subsequent call for a UN Security Council meeting could escalate geopolitical tensions, potentially affecting global oil markets and the performance of the USO ETF, which tracks the price of West Texas Intermediate light, sweet crude oil.
CONFIDENCE 65
IMPORTANCE 50
RELEVANCE 50
NEGATIVE IMPACT
The Vanguard FTSE Europe ETF (VGK) may experience some volatility due to the geopolitical tension.
The geopolitical tension following the strike on a hospital in Gaza could cause some volatility in global markets, potentially affecting the performance of the VGK ETF, which tracks the FTSE Developed Europe All Cap Index.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60