White Houses Sullivan Says No Money Was Exchanged In Prisoner Swap Deal; Released Detainees Will Be On American Soil Later Thursday
Portfolio Pulse from Benzinga Newsdesk
White House National Security Advisor Jake Sullivan announced that no money was exchanged in the recent prisoner swap deal. The released detainees are expected to arrive on American soil later on Thursday.

August 01, 2024 | 5:42 pm
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POSITIVE IMPACT
The news of a successful prisoner swap without monetary exchange may reduce geopolitical tensions, potentially having a positive impact on the broader market.
The successful negotiation without financial implications may be seen as a diplomatic win, which could positively influence market sentiment and benefit broad market ETFs like SPY.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
The prisoner swap deal, while primarily involving the US, may also have a positive impact on European markets, indirectly benefiting VGK.
Although the deal is US-centric, reduced geopolitical tensions can have a ripple effect on global markets, including Europe, which could benefit VGK.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 30