France Gross Domestic Product (QoQ) Preliminary For Q2 0.3% Vs. 0.2% Est.; 0.3% (Revised) Prior
Portfolio Pulse from Benzinga Newsdesk
France's Gross Domestic Product (GDP) for Q2 grew by 0.3% quarter-over-quarter, surpassing the estimated 0.2% growth and matching the revised prior quarter's growth of 0.3%.
July 30, 2024 | 5:32 am
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POSITIVE IMPACT
The iShares MSCI France ETF (EWQ) may see positive short-term impact due to France's Q2 GDP growth of 0.3%, which surpassed expectations.
The better-than-expected GDP growth indicates a stronger French economy, which could positively impact the performance of the iShares MSCI France ETF (EWQ) as it is directly tied to the French market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80