Geopolitics Alpha

Indonesia Garment Worker Pact Results in 165 Sanctions for Harassment

Published . Updated .

Covered by 2 outlets: WWD, Yahoo.

Who covered it: Center 1 · Not rated 1. How we rate outlets

Indonesia Garment Worker Pact Results in 165 Sanctions for Harassment

A union-led agreement covering 6,250 workers at two Fanatics factories provides an early test of enforceable workplace abuse protections.

Directly affected

  • No company is named in this report.

Indirectly affected

  • XLE Energy Select Sector SPDR+4.9%

    Energy prices move when sanctioned supply is blocked

  • USO United States Oil Fund+0.9%

    This fund moves with oil prices

  • XOM Exxon Mobil+7.9%

    Oil producers move when sanctioned barrels leave the market

  • CVX Chevron+6.6%

    Oil producers move when sanctioned barrels leave the market

  • SLB SLB-4.1%

    Oilfield work in sanctioned regions can be cut off

  • GLD SPDR Gold Shares-3.3%

    Gold is a usual haven when a conflict or sanction escalates

  • LMT Lockheed Martin+4.2%

    Defense contractors get more work when conflict spending rises

  • SPY SPDR S&P 500+1.6%

    The broad market moves when a major sanction lands

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
XLE———————
USO———————
XOM———————
CVX———————
SLB———————
GLD———————
LMT———————
SPY———————

Market Call

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Indonesia Garment Worker Pact Results in 165 Sanctions for Harassment WWD

Source: WWD

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

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25 out of 100

“Indonesia Garment Worker Pact Results in 165 Sanctions for Harassment” scores 25 out of 100. The score uses 2 sources.