U.K. Trade Balance For September -14.29B Vs. -15.30B Est.; -15.52B Prior
Portfolio Pulse from Benzinga Newsdesk
The U.K.'s trade balance for September was reported at -14.29 billion, better than the estimated -15.30 billion and the prior figure of -15.52 billion.
November 10, 2023 | 7:07 am
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POSITIVE IMPACT
The better-than-expected U.K. trade balance for September may positively impact the iShares MSCI United Kingdom ETF (EWU).
The U.K.'s trade balance, which is better than expected, indicates a healthier economy. This could lead to increased investor confidence in U.K.-related assets, such as the EWU ETF, which tracks the performance of the U.K. market.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100