$ETH Trade

Stocks in developing countries rose after U.S. President Donald Trump expressed willingness to negotiate with countries regarding tariffs, boosting investor confidence.

After announcing "significant progress" in negotiations with Japan, Trump stated he would strike a "good deal" with China and expressed confidence in reaching a trade agreement with the European Union, though he did not specify a timeline for completing these agreements, merely stating they would occur "at some point," emphasizing that other countries would need to make concessions.

The performance index of emerging market stocks rose by 0.8 percent on Thursday, while a similar index for currencies increased by 0.3 percent.

Emerging market currencies benefit from renewed hopes for potential solutions to trade disputes between the United States and other regions.

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