Iranians cut essentials and put dreams on hold as war-hit economy bites
Published . Updated .
By Parisa Hafezi DUBAI, Oct 28 (Reuters) - Iranian families are cutting back on food, housing and education as the eight-month-old war with the United States fuels one of the country's worst inflation surges in decades, eroding incomes and pushing hous...
Directly affected
- No company is named in this report.
Indirectly affected
- ITA iShares U.S. Aerospace & Defense ETF-4.2% 30d
iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story.
- XAR SPDR S&P Aerospace & Defense ETF-7.3% 30d
SPDR S&P Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story.
- USO United States Oil Fund+4.8% 30d
United States Oil Fund: its price follows crude oil. Linked by “iranian” (oil) in this story.
- XLRE Real Estate Select Sector SPDR-0.8% 30d
Real Estate Select Sector SPDR: it holds property and homebuilding stocks. Linked by “housing” (real estate) in this story.
- UAE iShares MSCI UAE ETF
iShares MSCI UAE ETF holds stocks listed in the UAE, which this story is about (“dubai”).
- EMB iShares J.P. Morgan USD Emerging Markets Bond ETF-2.1% 11d
iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in the UAE
- EMLC VanEck J.P. Morgan EM Local Currency Bond ETF-1.8% 30d
VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from the UAE.
- EEM iShares MSCI Emerging Markets ETF-0.3% 30d
iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes the UAE
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| ITANo price data for this ticker | — | — | — | — | — | — | — |
| XARNo price data for this ticker | — | — | — | — | — | — | — |
| USO | -2.37% | +3.62% | base | +2.24% | after close | after close | after close |
| XLRENo price data for this ticker | — | — | — | — | — | — | — |
| UAENo price data for this ticker | — | — | — | — | — | — | — |
| EMBNo price data for this ticker | — | — | — | — | — | — | — |
| EMLCNo price data for this ticker | — | — | — | — | — | — | — |
| EEMNo price data for this ticker | — | — | — | — | — | — | — |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Market Call
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Iranians cut essentials and put dreams on hold as war-hit economy bites WTAQ
Source: WTAQ
Defense
| Company | When | Move | Status |
|---|---|---|---|
| USO | that day | +2.24% | still updating |
| USO | three days earlier | +3.62% | final price |
| USO | five days earlier | -2.37% | final price |
How solid the defense case looks
12 out of 100Price not final
“Iranians cut essentials and put dreams on hold as war-hit economy bites” scores 12 out of 100. The score uses 1 sources. The price is not final yet.