Egypt's Sisi, President Biden Agree To Bring Humanitarian Aid Into Gaza In A Sustainable Manner
Portfolio Pulse from Charles Gross
Egypt's President Sisi and President Biden have agreed to bring humanitarian aid into Gaza in a sustainable manner, according to Reuters. This could potentially impact the performance of certain ETFs.
October 18, 2023 | 9:24 pm
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NEUTRAL IMPACT
The agreement between Egypt and the US could potentially impact the performance of the Egypt Index ETF (EGPT).
The agreement could potentially influence the political and economic stability in Egypt, which could in turn impact the performance of the EGPT ETF. However, the direct impact is uncertain.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
The agreement could potentially impact the performance of the iShares MSCI Israel ETF (EIS).
The agreement could potentially influence the political stability in the region, which could in turn impact the performance of the EIS ETF. However, the direct impact is uncertain.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
The agreement could potentially impact the performance of the SPDR S&P 500 ETF (SPY).
The agreement could potentially influence the global political climate, which could in turn impact the performance of the SPY ETF. However, the direct impact is uncertain.
CONFIDENCE 60
IMPORTANCE 30
RELEVANCE 30
NEUTRAL IMPACT
The agreement could potentially impact the performance of the United States Oil Fund (USO).
The agreement could potentially influence the global political climate, which could in turn impact the performance of the USO ETF. However, the direct impact is uncertain.
CONFIDENCE 60
IMPORTANCE 30
RELEVANCE 30