U.S. State Dept Says If Rafah Gate Opens We Will Be Trying To Get American Citizens Out Of Gaza; Expects Humanitarian Assistance To Be Able To Get In; Wants To See Sustained Humanitarian Assistance Going Into Gaza
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The U.S. State Department has announced plans to evacuate American citizens from Gaza if the Rafah Gate opens. It also expects to be able to deliver humanitarian assistance and wants to see sustained aid going into Gaza.
October 19, 2023 | 5:44 pm
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NEGATIVE IMPACT
The situation in Gaza may impact the iShares MSCI Israel ETF (EIS) due to potential geopolitical risks.
The iShares MSCI Israel ETF (EIS) tracks an index of Israeli stocks. The geopolitical situation in Gaza could impact the Israeli economy and, by extension, the performance of the ETF.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
The situation in Gaza may have a minor impact on the SPDR S&P 500 ETF (SPY) due to potential geopolitical risks.
The SPDR S&P 500 ETF (SPY) tracks a broad index of U.S. stocks. While the geopolitical situation in Gaza could have a minor impact on global markets, the direct impact on U.S. stocks is likely to be limited.
CONFIDENCE 70
IMPORTANCE 40
RELEVANCE 30
NEGATIVE IMPACT
The situation in Gaza may have a minor impact on the United States Oil Fund (USO) due to potential geopolitical risks.
The United States Oil Fund (USO) tracks the price of West Texas Intermediate light, sweet crude oil. While the geopolitical situation in Gaza could have a minor impact on global oil prices, the direct impact is likely to be limited.
CONFIDENCE 70
IMPORTANCE 40
RELEVANCE 30