China's Xi In Meeting With Macron, Von Der Leyen Says China, France And EU All Wish To See An Early Ceasefire And Return Of Peace In Europe, And Support Political Settlement Of The Crisis;Xi Says Three Parties Need To Jointly Oppose Spillover And Escalation Of The Fighting, Create Conditions For Peace Talks, Safeguard International Energy And Food Security, And Keep Industrial And Supply Chains Stable; Xi Says China Did Not Create Ukraine Crisis, Nor Is It A Party To It
Portfolio Pulse from Benzinga Newsdesk
In a meeting with Macron and Von Der Leyen, China's Xi stated that China, France, and the EU wish for an early ceasefire and peace in Europe, supporting a political settlement of the crisis. Xi emphasized opposing the escalation of fighting, safeguarding international energy and food security, and maintaining stable industrial and supply chains. He clarified that China did not create the Ukraine crisis and is not a party to it.

May 06, 2024 | 1:16 pm
News sentiment analysis
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POSITIVE IMPACT
France's involvement in seeking an early ceasefire and peace in Europe, as discussed by Xi, Macron, and Von Der Leyen, could influence investor sentiment towards French markets.
Positive diplomatic developments and efforts towards peace in Europe, involving France, are likely to be viewed favorably by investors, potentially boosting confidence in French markets and assets represented by EWQ.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 75
POSITIVE IMPACT
Xi's statements on China's stance regarding the Ukraine crisis and its efforts to promote peace talks and stability may affect investor perception of Chinese markets.
China's active role in promoting peace and stability in Europe, as well as clarifying its non-involvement in the Ukraine crisis, could be perceived positively by investors, potentially benefiting Chinese market assets like FXI.
CONFIDENCE 85
IMPORTANCE 65
RELEVANCE 80
POSITIVE IMPACT
The EU's engagement in discussions for an early ceasefire and peace in Europe, alongside China and France, may have a positive impact on European markets.
The EU's involvement in seeking a resolution to the crisis and promoting peace in Europe, as indicated in the talks with China and France, is likely to be seen as a positive development by investors, potentially boosting European markets represented by VGK.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70