🟢 Vanguard FTSE Asia ex Japan Shares Index ETF is trading 3.3% up today on easing inflation and U.S.–Iran peace progress

Vanguard FTSE Asia ex Japan Shares Index ETF is trading 3.3% up at $114.81 following a broad risk-on shift in Asian markets driven by geopolitical de-escalation and falling energy costs.

• The U.S.–Iran peace progress and the reopening of the Strait of Hormuz have triggered a more than 3% drop in oil prices, significantly easing global inflation concerns.
• Lower energy costs are providing a tailwind for the export-oriented economies that dominate the ETF’s FTSE Asia ex-Japan exposure.
• Today's price action extends a sharp rebound for the fund, helping to recover losses from recent volatility in the region.