'EU, China Set Long-Delayed In-Person Summit For Early December' - Bloomberg
Portfolio Pulse from Benzinga Newsdesk
The European Union and China are planning to hold an in-person summit on Dec. 7-8, marking the first such meeting in four years. The European Commission and Council presidents are expected to travel to China for the summit, although China has not yet confirmed the date or venue.
November 09, 2023 | 5:09 pm
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NEUTRAL IMPACT
The upcoming EU-China summit could influence the performance of the iShares China Large-Cap ETF (FXI), depending on the outcome of the discussions.
The EU-China summit could lead to policy changes or agreements that impact large Chinese companies, which in turn could affect the performance of the FXI ETF. However, the exact impact will depend on the specifics of the discussions and agreements.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
The Vanguard FTSE Europe ETF (VGK) could be affected by the upcoming EU-China summit, depending on the outcome of the discussions.
The EU-China summit could lead to policy changes or agreements that impact European markets, which in turn could affect the performance of the VGK ETF. However, the exact impact will depend on the specifics of the discussions and agreements.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50