U.K. Trade Balance Non-EU For August -4.95B Vs. -6.85B (Revised) Prior
Portfolio Pulse from Benzinga Newsdesk
The U.K. trade balance with non-EU countries improved in August, showing a deficit of -4.95 billion compared to a revised -6.85 billion in the previous period.
October 11, 2024 | 6:04 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
The iShares MSCI United Kingdom ETF (EWU) may see a positive impact due to the improved U.K. trade balance with non-EU countries, indicating a stronger economic position.
The improved trade balance suggests a stronger economic position for the U.K., which could positively influence the performance of EWU, an ETF that tracks U.K. equities.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50