China's FM, In Phone Talks With Israeli Foreign Minister, Calls For Immediate, Complete And Permanent Ceasefire In Gaza And Release Of All Hostages
Portfolio Pulse from Benzinga Newsdesk
China's Foreign Minister has urged for an immediate, complete, and permanent ceasefire in Gaza and the release of all hostages during phone talks with the Israeli Foreign Minister.
October 14, 2024 | 2:12 pm
News sentiment analysis
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NEUTRAL IMPACT
The call for a ceasefire in Gaza by China's FM could impact the iShares MSCI Israel ETF (EIS) as it may influence geopolitical stability in the region.
The iShares MSCI Israel ETF (EIS) is likely to be influenced by geopolitical developments in Israel. A ceasefire could stabilize the region, potentially affecting the ETF's performance.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
The involvement of China's FM in Middle Eastern diplomacy may have indirect effects on the iShares China Large-Cap ETF (FXI) by showcasing China's active role in global politics.
While the news is not directly related to FXI, China's active diplomatic role may influence perceptions of China's global influence, indirectly affecting the ETF.
CONFIDENCE 70
IMPORTANCE 40
RELEVANCE 50
NEUTRAL IMPACT
The call for a ceasefire in Gaza by China's FM could impact the VanEck Vectors Israel ETF (ISRA) as it may influence geopolitical stability in the region.
The VanEck Vectors Israel ETF (ISRA) is likely to be influenced by geopolitical developments in Israel. A ceasefire could stabilize the region, potentially affecting the ETF's performance.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70