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President Trump has posted a new announcement on Truth Social, the social media platform. He wrote:
“Congratulations to the World on the incredible Vote of the United Nations Security Council, just moments ago, acknowledging and endorsing the BOARD OF PEACE, which will be chaired by me, and include the most powerful and respected Leaders throughout the World. This will go down as one of the biggest approvals in the History of the United Nations, will lead to further Peace all over the World, and is a moment of true Historic proportion! Thank you to the United Nations, and all of the Countries on the U.N. Security Council, China, Russia, France, The United Kingdom, Algeria, Denmark, Greece, Guyana, South Korea, Pakistan, Panama, Sierra Leone, Slovenia, and Somalia. Also thank you to those Countries that weren’t on this Committee, but strongly backed the effort, including Qatar, Egypt, United Arab Emirates, The Kingdom of Saudi Arabia, Indonesia, Turkiye, and Jordan. The members of the Board, and many more exciting announcements, will be made in the coming weeks.”
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 regarding the United Nations Security Council’s endorsement of the ‘Board of Peace’ could potentially create positive sentiment in the stock market, particularly for countries involved in the initiative. The iShares MSCI China ETF, iShares MSCI France ETF, iShares MSCI South Korea ETF, and iShares MSCI United Kingdom ETF might experience increased investor interest due to the perceived stability and diplomatic collaboration among these nations. However, investors should remain cautious as the actual impact on peace and economic relations will depend on the board’s effectiveness and future geopolitical developments.
Here are some of the stocks that might be affected:
iShares MSCI China ETF ((MCHI)),
iShares MSCI France ETF ((EWQ)),
iShares MSCI South Korea ETF ((EWY)),
iShares MSCI United Kingdom ETF ((EWU)).