France Gross Domestic Product (QoQ) Preliminary For Q3 0.1% Vs. 0.1% Est.; 0.6% (Revised) Prior
Portfolio Pulse from Benzinga Newsdesk
France's preliminary Gross Domestic Product (GDP) for Q3 has come in at 0.1%, matching estimates but showing a decrease from the revised 0.6% of the prior quarter.
October 31, 2023 | 6:32 am
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NEGATIVE IMPACT
The iShares MSCI France ETF (EWQ) may be impacted by the lower than previous GDP growth in France for Q3.
The iShares MSCI France ETF (EWQ) tracks the performance of the French market. A lower GDP growth rate could indicate a slowing economy, which may negatively impact the performance of the ETF in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100