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Defense Stocks Surge: EU Leaders Commit to Ukraine Support | The Opening Trade 03/03
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March 3, 2025
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1:36:13Now PlayingMarkets are starting the week with geopolitics dominating as European leaders assemble what Britain called a “coalition of the willing” to secure Ukraine following an Oval Office clash between Trump and Ukrainian President Volodymyr Zelenskiy. The euro gained and defense stocks rallied as a concerted push by European leaders fueled bets on a wave of military spending. Defense stocks soared, boosting the market capitalization of the sector by about $30 billion in Monday’s session as BAE Systems, Rheinmetall and SAAB rose higher. In crypto markets, Bitcoin retreated, trimming a Sunday rally spurred by President Donald Trump’s comments on a strategic crypto reserve.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Lizzy Burden.
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