At United Nations Meeting U.S. Secretary Blinken Says Humanitarian Pauses Must Be Considered To Allow Aid Into Gaza
Portfolio Pulse from Benzinga Newsdesk
U.S. Secretary Blinken, at a United Nations meeting, has called for humanitarian pauses to allow aid into Gaza. This could potentially impact the geopolitical situation in the region.
October 24, 2023 | 3:40 pm
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NEGATIVE IMPACT
The call for humanitarian pauses in Gaza could potentially impact the iShares MSCI Israel ETF (EIS) due to its exposure to the region.
EIS, being an ETF focused on Israel, could be impacted by any significant geopolitical changes in the region. The call for humanitarian pauses could potentially lead to such changes.
CONFIDENCE 60
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
The SPDR S&P 500 ETF (SPY) could potentially be impacted indirectly due to its broad market exposure.
SPY, being a broad market ETF, could potentially be impacted indirectly by significant geopolitical changes. However, the direct impact is likely to be minimal.
CONFIDENCE 60
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
The United States Oil Fund (USO) could potentially be impacted due to potential changes in oil prices resulting from geopolitical changes.
USO, being an oil-focused ETF, could potentially be impacted by changes in oil prices that could result from significant geopolitical changes.
CONFIDENCE 60
IMPORTANCE 60
RELEVANCE 60
NEUTRAL IMPACT
The Vanguard FTSE Europe ETF (VGK) could potentially be impacted indirectly due to its broad market exposure.
VGK, being a broad market ETF, could potentially be impacted indirectly by significant geopolitical changes. However, the direct impact is likely to be minimal.
CONFIDENCE 60
IMPORTANCE 50
RELEVANCE 50