White House's Kirby Says We Do Expect More Individuals To Depart Gaza Via The Rafah Crossing Today; More Americans Will Leave Today
Portfolio Pulse from Benzinga Newsdesk
White House's Kirby announced that more individuals, including Americans, are expected to depart Gaza via the Rafah Crossing today.
November 07, 2023 | 7:10 pm
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NEUTRAL IMPACT
The announcement of more individuals departing Gaza could potentially impact the EGPT ETF, which tracks the Egyptian market.
The Rafah Crossing is a key point of transit between Egypt and Gaza. Any significant changes in the flow of people could potentially impact the Egyptian market, and by extension, the EGPT ETF. However, the exact impact is uncertain and would depend on further developments.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
The announcement could potentially impact the EIS ETF, which tracks the Israeli market.
The situation in Gaza could potentially impact the Israeli market, and by extension, the EIS ETF. However, the exact impact is uncertain and would depend on further developments.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
The announcement is unlikely to have a significant impact on the SPY ETF, which tracks the S&P 500.
The SPY ETF tracks the S&P 500, a broad market index. While global events can impact the index, this specific announcement is unlikely to have a significant direct impact.
CONFIDENCE 90
IMPORTANCE 20
RELEVANCE 20