Russian Deputy Foreign Minister Lavrov And U.S. Sec of State Blinken Will Not Hold Meeting At OSCE Summit In North Macedonia
Portfolio Pulse from Benzinga Newsdesk
Russian Deputy Foreign Minister Lavrov and U.S. Secretary of State Blinken will not meet at the OSCE Summit in North Macedonia, according to Reuters citing Tass.
November 27, 2023 | 5:01 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
The SPDR S&P 500 ETF Trust (SPY) may experience volatility due to increased geopolitical tensions as a result of the cancelled meeting between U.S. and Russian officials.
The lack of dialogue at high-level meetings like the OSCE Summit can exacerbate geopolitical tensions, which often leads to increased market volatility. As SPY tracks a broad range of U.S. stocks, it is sensitive to global political developments that can affect investor sentiment.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
Vanguard FTSE Europe ETF (VGK) may face short-term price fluctuations due to the absence of a meeting between Russian and U.S. diplomats, potentially escalating European geopolitical concerns.
VGK, which includes European stocks, could be impacted by geopolitical tensions between the U.S. and Russia, as Europe is geographically and politically closer to the conflict zone. The cancelled meeting might lead to uncertainty in the region, affecting European markets and VGK's performance.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50