' Israel Agrees To Delay Gaza Invasion So U.S. Can Rush Missile Defenses To Region; Biden Talks With Saudi Crown Prince About Conflict, While UN Chief Presses For Protection Of Civilians' - WSJ
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Israel has agreed to delay its invasion of Gaza to allow the U.S. to deploy air-defense systems to protect U.S. troops in the region. The Pentagon is deploying nearly a dozen air-defense systems to Iraq, Syria, Kuwait, Jordan, Saudi Arabia, and the United Arab Emirates. Israel is also considering humanitarian aid to civilians in Gaza and diplomatic efforts to free hostages held by Hamas.
October 25, 2023 | 3:07 pm
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NEUTRAL IMPACT
The delay in Israel's invasion of Gaza and the deployment of U.S. air-defense systems could impact the iShares MSCI Israel ETF (EIS).
The geopolitical situation in Israel directly affects the performance of the iShares MSCI Israel ETF (EIS). The delay in the invasion and the deployment of U.S. air-defense systems could create uncertainty, potentially affecting the ETF's performance.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
The geopolitical situation in the Middle East could indirectly impact the SPDR S&P 500 ETF (SPY).
While the SPDR S&P 500 ETF (SPY) is not directly linked to the Middle East, geopolitical tensions can affect global markets and thus indirectly impact the ETF.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
The United States Oil Fund (USO) could be impacted by the geopolitical situation in the Middle East.
The geopolitical situation in the Middle East can affect oil prices, which in turn can impact the performance of the United States Oil Fund (USO).
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 70