Stock Exchanges: The European Defense Sector on Huima’s rise

The European stock exchanges opened on Monday, especially as the defense sector rose strongly. The European decision-makers met on Sunday at the Ukraine meeting, which discussed, among other things, increasing defense expenditure.

On Friday, the United States and Ukraine drifted into a conflict when the presidents’ meeting became a dispute. The intention was to enter into a mineral agreement between the countries, but the contract was opened.

On Sunday, a Ukraine meeting was held in London between European decision-makers, where it was decided to support Ukraine by European power. For example, the British Prime Minister Keir Stramer Published 1.9 billion funding, which allows Ukraine to buy more than 5,000 anti-aircraft platforms. Ukraine President Zelenskyi also said he would try to restore good relations with US President Trump.

European defense industry shares started to rise after the commerce began.

For example, Germany’s largest weapon manufacturer Rheinmetall was 17.7 percent at the time of review and Swedish Saab was 13.1 % rising. Italian security and aviation company Leonardo was 17.7 percent rising and a British security and defense company BAE Systems 15.4 percent rising. French-based aviation and defense industrial electronic equipment manufacturer Thales After a moment of trading, it was 16.7 % rising.

The Stoxx Europe Aerospace Defense index, followed by the European Aeronautics and Defense Companies, was 14.6 % after the trading.

At the time of the review, the extensive Stoxx 600 index was 0.5 % rising. The British FTSE 100 index was 0.4 % rising, the French CAC40 index is 0.7 % rising and the German DAX index is increased by 1.1 %. The OMXS30 index following the Stockholm Stock Exchange was by 0.8 %.

This week is significant for European macroeconomic announcements. Today, current information on the development of European inflation and purchasing manager indices will be published and on Thursday the European Central Bank will decide on its guidance.

Bloomberg The economist consensus predicts that the European Consumer Price Index has fallen to 2.3 % in February. In January, the consumer price index was 2.5 %. At a monthly level, inflation is expected to be 0.4 %, while it was -0.3 per cent in January. Basic inflation is expected to fall to 2.5 % from 2.7 % January.

The ECB is expected to decline by 25 interest rates, which would decrease the deposit rate to 2.5 %.

Futures anticipate the opening of Wall Street. At the time of the review, the Dow Jones index futures were increasing by 0.1 %, the S&P 500 futures by 0.1 % and Nasdaq rises by 0.2 %.