France Gross Domestic Product (QoQ) Preliminary For Q4 0.0% Vs. 0.0% Est.; -0.1% Prior
Portfolio Pulse from Benzinga Newsdesk
France's GDP showed no growth in Q4, coming in at 0.0%, which was in line with estimates and a slight improvement from the -0.1% contraction in the previous quarter.
January 30, 2024 | 6:31 am
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NEUTRAL IMPACT
The iShares MSCI France ETF (EWQ) may experience limited short-term impact as France's Q4 GDP report showed no growth but met market expectations.
Since the GDP data came in as expected, there is unlikely to be a significant market reaction. However, as EWQ tracks French equities, any economic indicators can have some influence on investor sentiment.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 70