South Korea releases details of trade deal struck with the US
1. South Korea and the U.S. reportedly reached a trade deal. 2. Details remain unconfirmed but may impact bilateral relations and trade.
FAQ
Why Bullish?
A confirmed trade deal could strengthen economic ties, boosting investor confidence in EWY.
How important is it?
The trade agreement could significantly bolster the South Korean economy, impacting ETFs like EWY positively.
Why Short Term?
Market reaction is likely immediate upon confirmation of the trade deal's details.