Russia's Shoigu Held Meeting With Chinese Foreign Minister Wang Yi
Portfolio Pulse from Benzinga Newsdesk
Russia's Defense Minister Sergei Shoigu held a meeting with China's Foreign Minister Wang Yi, as reported by Reuters citing RIA. This meeting highlights the ongoing diplomatic engagements between Russia and China.
September 10, 2024 | 4:16 pm
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NEUTRAL IMPACT
The meeting between Russia's Shoigu and China's Wang Yi may influence the Chinese market sentiment, potentially impacting the iShares China Large-Cap ETF (FXI).
The meeting signifies ongoing diplomatic relations which could affect market sentiment towards Chinese equities. However, the direct impact on FXI is uncertain without specific economic agreements.
CONFIDENCE 70
IMPORTANCE 30
RELEVANCE 50
NEUTRAL IMPACT
The meeting between Russian and Chinese officials is unlikely to have a direct impact on the Vanguard FTSE Europe ETF (VGK), which focuses on European markets.
VGK is focused on European markets, and the meeting between Russian and Chinese officials does not directly pertain to European economic activities.
CONFIDENCE 80
IMPORTANCE 10
RELEVANCE 20