France Gross Domestic Product (QoQ) Preliminary For Q3 0.4% Vs. 0.3% Est.; 0.2% Prior
Portfolio Pulse from Benzinga Newsdesk
France's GDP for Q3 grew by 0.4% quarter-over-quarter, surpassing the estimated 0.3% and the previous quarter's 0.2% growth.
October 30, 2024 | 6:33 am
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POSITIVE IMPACT
The iShares MSCI France ETF (EWQ) may see a positive impact due to France's Q3 GDP growth of 0.4%, which exceeded expectations and the previous quarter's growth.
The better-than-expected GDP growth in France suggests a stronger economic environment, which could positively influence the performance of the iShares MSCI France ETF (EWQ) as it is directly tied to the French economy.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80