U.S. State Dept Says An Initial Group Of Foreign Nationals, Including Americans, Departed Gaza On Wednesday; Expects More U.S. Citizens And Foreign Nationals To Be Able To Leave Gaza; Expects To See More Aid Trucks Enter Into Gaza Through Rafah Today
Portfolio Pulse from Benzinga Newsdesk
The U.S. State Department has announced that an initial group of foreign nationals, including Americans, have left Gaza on Wednesday. More U.S. citizens and foreign nationals are expected to leave Gaza, and more aid trucks are expected to enter Gaza through Rafah today.
November 01, 2023 | 5:48 pm
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NEUTRAL IMPACT
The departure of foreign nationals from Gaza and the expected arrival of more aid trucks could impact the Egyptian ETF (EGPT).
The situation in Gaza could have indirect effects on the Egyptian economy and therefore on EGPT. However, the direct impact is uncertain.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
The situation in Gaza could potentially impact the iShares MSCI Israel ETF (EIS).
The situation in Gaza could have indirect effects on the Israeli economy and therefore on EIS. However, the direct impact is uncertain.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
The situation in Gaza is unlikely to have a significant impact on the SPDR S&P 500 ETF (SPY).
The situation in Gaza is unlikely to have a significant impact on the broader U.S. market, and therefore on SPY.
CONFIDENCE 80
IMPORTANCE 20
RELEVANCE 20
NEUTRAL IMPACT
The situation in Gaza is unlikely to have a significant impact on the United States Oil Fund (USO).
The situation in Gaza is unlikely to have a significant impact on the oil market, and therefore on USO.
CONFIDENCE 80
IMPORTANCE 20
RELEVANCE 20