BREAKING: Shocking Twists Rock Asia’s Stock Markets – Must-See Live Updates!

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VIETNAM STOCKS SOAR TO NEW HEIGHTS! ARE WE IN FOR A FINANCIAL REVOLUTION?

In a shocking turn of events, Vietnamese stocks have skyrocketed to their highest point in over three years! This rollercoaster of a ride is ignited by none other than U.S. President Donald Trump, who declared that a game-changing trade deal with Vietnam has finally been struck! The benchmark Vietnam Index surged by 0.3% as it reached levels not seen since April 2022, with market data revealing an exhilarating surge driven mainly by basic materials and tech giants.

Tech and Materials Stocks LEAD the Charge!

Top performers are electrifying the market: Saigon Machinery Spare Parts is up a whopping 6.25%, while Truong Tranh Furniture Corporation isn’t far behind, soaring 6.6%! And let’s not forget Vietnam Container Shipping, making waves with a 4.4% increase!


DONG CRUSHED TO RECORD LOW AGAINST DOLLAR — WHAT DOES THIS MEAN FOR VIETNAM?

But hold on! The thrill doesn’t end there! The Vietnamese dong has nosedived to a jaw-dropping 26,195 per dollar following the trade deal news! While U.S. equities are dancing in excitement, Asia’s markets might not be sharing the same exhilaration, as experts point out a dangerous imbalance in leverage favoring the U.S.

Vishnu Varathan from Mizuho Securities warns, "This deal is a harsh reminder of the precarious situation for Asian exporters!" But here’s the twist! The weakening dong could cushion the blow of the 20% tariffs looming over Vietnam’s imports!


TAIWAN STOCKS TAKE OFF LIKE A ROCKET!

Meanwhile, Taiwan stocks are on a meteoric rise, climbing as high as 1.1%—the best since March! Semiconductor powerhouse Powertech Industrial is leading the pack with a jaw-dropping 10% jump, while Win Win Precision Industrial follows closely with an impressive 7.2% increase. And let’s not forget Nan Ya PCB Corporation, which soared by more than 9%!


ASIA MARKETS START MIXED – WHAT’S IN STORE?

Thursday kicked off with Asia-Pacific markets opening on a mixed note, leaving traders biting their nails in anticipation! Japan’s Nikkei 225 inched down 0.15%, while South Korea’s Kospi crested higher by 0.77%!


TRUMP HAILS HISTORIC TRADE DEAL WITH VIETNAM – WILL IT SHAKE THE GLOBAL ECONOMY?

And the bombshell continues: President Trump proclaimed a stunning trade deal with Vietnam, slapping on a 20% tariff on Vietnamese imports to the U.S.! Trump celebrated the trade agreement as a way for the U.S. to enjoy tariff-free access to Vietnam’s markets. But there’s a twist—the threat of a 40% tariff looms if goods dance their way through Vietnam before heading to the U.S.!


THE STOCK MARKET IS A THRILLER—ARE YOU READY TO RIDE THE WAVE? Stay tuned as this financial saga unfolds!

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Source: USD @ Thu, 3 Jul.