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President Trump has posted a new announcement on Truth Social, the social media platform. He wrote:
“Landing in Japan now. Looking forward to seeing the Emperor! President DJT”
How Will Trump’s Statement Affect the Stock Market?
This latest post has the potential to affect the stock market. That’s because Donald Trump’s visit to Japan and his meeting with the Emperor could lead to increased investor interest in Japanese markets, potentially boosting the iShares MSCI Japan ETF. The visit may signal stronger diplomatic and economic ties between the US and Japan, which could be perceived positively by investors. However, any controversial statements or actions by Trump during the visit could introduce volatility and uncertainty, impacting the ETF’s performance.
Here are some of the stocks that might be affected:
iShares MSCI Japan ETF ((EWJ)).