Russia's Putin Says Ruling Elites Of The U.S. And Their Satellites Are Behind Massacre Of Palestinians, Behind Events In The Middle East, Ukraine, Iraq, Syria; Key To Resolving The Conflict Is The Creation Of A Palestinian State
Portfolio Pulse from Benzinga Newsdesk
Russian President Putin has accused the ruling elites of the U.S. and their satellites of being behind the massacre of Palestinians and events in the Middle East, Ukraine, Iraq, and Syria. He suggests that the key to resolving the conflict is the creation of a Palestinian state.

October 30, 2023 | 6:29 pm
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NEGATIVE IMPACT
The iShares MSCI Israel ETF (EIS) could be impacted by Putin's comments, as they suggest a shift in the geopolitical landscape of the Middle East.
Putin's comments suggest a potential shift in the geopolitical landscape of the Middle East, which could impact the Israeli market and, by extension, the EIS ETF.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
The SPDR S&P 500 ETF (SPY) could see some volatility due to Putin's comments, as they could potentially escalate geopolitical tensions.
Putin's comments could potentially escalate geopolitical tensions, which could lead to increased market volatility and impact the SPY ETF.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEGATIVE IMPACT
The United States Oil Fund (USO) could be impacted by Putin's comments, as they could potentially escalate tensions in the Middle East, a major oil-producing region.
Putin's comments could potentially escalate tensions in the Middle East, a major oil-producing region. This could impact the oil market and, by extension, the USO ETF.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 60
NEGATIVE IMPACT
The Vanguard FTSE Europe ETF (VGK) could be impacted by Putin's comments, as they could potentially escalate tensions between Russia and the West.
Putin's comments could potentially escalate tensions between Russia and the West, which could impact the European market and, by extension, the VGK ETF.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60