Germany Current Assessment For October 89.2 Vs. 88.5 Est.; 88.7 Prior
Portfolio Pulse from Benzinga Newsdesk
Germany's Current Assessment for October has been reported at 89.2, which is higher than the estimated 88.5 and the prior figure of 88.7.
October 25, 2023 | 8:07 am
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POSITIVE IMPACT
The iShares MSCI Germany ETF (EWG) may be impacted by the higher than expected Current Assessment for Germany in October.
The iShares MSCI Germany ETF (EWG) tracks the performance of the German stock market. A higher than expected Current Assessment indicates a positive economic outlook, which could lead to a rise in the German stock market and, consequently, the EWG ETF.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100