iShares MSCI South Korea ETF Price & Performance (EWY)

The iShares MSCI South Korea ETF (EWY) is drawing attention among traders for its critical resistance levels. A break above $57.75 signals a strong buy opportunity, while resistance testing at $57.04 offers potential for short trades. These strategies emphasize the importance of precise entry points and risk management in volatile markets.12

South Korean officials recently held talks with the U.S. Treasury Secretary to discuss tariffs, investment policies, and currency strategies. The exchange highlights ongoing efforts to strengthen economic ties amid global trade uncertainties. These discussions are crucial as both nations navigate the challenges of maintaining balanced trade relations.34

Asian stock markets faced declines as new U.S. tariffs on Mexico and Canada rattled investor sentiment. Japan's Nikkei index fell over 2%, while Taiwan Semiconductor Manufacturing Company saw a 2% drop following a major U.S. investment announcement. The market volatility underscores the broader impact of global trade policies.56