France Gross Domestic Product (YoY) 1.1% Vs. 1.1% Est.; 0.7% Prior
Portfolio Pulse from Benzinga Newsdesk
France's Gross Domestic Product (GDP) grew by 1.1% year-over-year, matching the estimated growth rate and showing an improvement from the previous 0.7% growth rate.
May 31, 2024 | 7:00 am
News sentiment analysis
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POSITIVE IMPACT
The iShares MSCI France ETF (EWQ) is likely to see a positive impact due to France's GDP growth meeting expectations and improving from the previous quarter.
The GDP growth rate meeting expectations and showing improvement from the previous quarter is a positive economic indicator for France, which is likely to boost investor confidence in the iShares MSCI France ETF (EWQ).
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80