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President Trump has posted a new announcement on Truth Social, the social media platform. He wrote:
“I am very proud to announce that Israel and Hamas have both signed off on the first Phase of our Peace Plan. This means that ALL of the Hostages will be released very soon, and Israel will withdraw their Troops to an agreed upon line as the first steps toward a Strong, Durable, and Everlasting Peace. All Parties will be treated fairly! This is a GREAT Day for the Arab and Muslim World, Israel, all surrounding Nations, and the United States of America, and we thank the mediators from Qatar, Egypt, and Turkey, who worked with us to make this Historic and Unprecedented Event happen. BLESSED ARE THE PEACEMAKERS! DONALD J. TRUMP PRESIDENT OF THE UNITED STATES OF AMERICA”
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 announcement of a peace plan between Israel and Hamas could lead to increased investor confidence in the region, potentially boosting the iShares MSCI Israel ETF as stability prospects improve. Similarly, the involvement of Turkey as a mediator might positively impact the iShares MSCI Turkey ETF, as successful diplomacy could enhance Turkey’s geopolitical standing and economic prospects. Overall, the promise of peace and stability in the Middle East could lead to a positive sentiment in the stock market, particularly for ETFs linked to countries involved in the peace process.
Here are some of the stocks that might be affected:
iShares MSCI Turkey ETF ((TUR)),
iShares MSCI Israel ETF ((EIS)).