U.K. Trade Balance Non-EU For June -7.46B Vs. -7.65B (Revised) Prior
Portfolio Pulse from Benzinga Newsdesk
The U.K. trade balance for non-EU countries in June was reported at -7.46 billion GBP, an improvement from the revised prior figure of -7.65 billion GBP.
August 15, 2024 | 6:26 am
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POSITIVE IMPACT
The U.K. trade balance for non-EU countries in June showed an improvement, which could positively impact the iShares MSCI United Kingdom ETF (EWU) as it reflects better economic conditions.
An improved trade balance indicates better economic conditions, which can positively affect the performance of the iShares MSCI United Kingdom ETF (EWU).
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80