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President Trump has posted a new announcement on Truth Social, the social media platform. He wrote:
“I am on my way to Malaysia, where I will sign the great Peace Deal, which I proudly brokered between Cambodia and Thailand. Sadly, the Queen Mother of Thailand has just passed away. I send my condolences to the Great People of Thailand. I will be seeing their wonderful Prime Minister when we land. In order to accommodate everyone for this major event, we will be signing the Peace Deal immediately upon arrival. See you soon! 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 announcement of a peace deal between Cambodia and Thailand could boost investor confidence in the region, potentially benefiting the iShares MSCI Malaysia ETF due to improved regional stability. The news might not directly impact the iShares MSCI Taiwan ETF, as Taiwan is not directly involved in the deal, but broader positive sentiment in Asian markets could have a spillover effect. Additionally, the passing of the Queen Mother of Thailand might introduce some short-term volatility in Thai-related investments, but the peace deal’s significance could overshadow this in the long term.
Here are some of the stocks that might be affected:
iShares MSCI Malaysia ETF ((EWM)),
iShares MSCI Taiwan ETF ((EWT)).