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President Trump has posted a new announcement on Truth Social, the social media platform. He wrote:
“Just leaving Malaysia, a great and very vibrant Country. Signed major Trade and Rare Earth Deals, and yesterday, most importantly, signed the Peace Treaty between Thailand and Cambodia. NO WAR! Millions of lives saved. Such an honor to have gotten this done. Now, off to Japan!!!”
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 major trade and rare earth deals in Malaysia could positively influence the SPDR S&P Metals & Mining ETF due to potential increased demand for metals and mining resources. The iShares MSCI Malaysia ETF might see a boost as investors anticipate economic growth from these new trade agreements. Additionally, Trump’s visit to Japan and the signing of a peace treaty in Southeast Asia could enhance investor confidence, potentially benefiting the iShares MSCI Japan ETF.
Here are some of the stocks that might be affected:
SPDR S&P Metals & Mining ETF ((XME)),
iShares MSCI Japan ETF ((EWJ)),
iShares MSCI Malaysia ETF ((EWM)).