Hamas Welcomes UN Security Council Resolution For Gaza Ceasefire, Ready To Cooperate With Mediators On Implementation
Portfolio Pulse from Benzinga Newsdesk
Hamas has welcomed the UN Security Council resolution calling for a ceasefire in Gaza and expressed readiness to cooperate with mediators for its implementation.
June 10, 2024 | 8:00 pm
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POSITIVE IMPACT
The UN Security Council resolution for a Gaza ceasefire, welcomed by Hamas, could lead to reduced geopolitical tensions in the region, potentially stabilizing the iShares MSCI Israel ETF (EIS).
The resolution and Hamas's cooperation could reduce geopolitical risks, positively impacting the Israeli market and EIS.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
The UN Security Council resolution for a Gaza ceasefire, welcomed by Hamas, may reduce global geopolitical tensions, potentially benefiting the SPDR S&P 500 ETF (SPY).
Reduced geopolitical tensions can have a positive impact on global markets, including the S&P 500, thus benefiting SPY.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 60