We spoke a few weeks ago about euro defence stocks being prevented from rolling over by the sudden appearance of Russian drones in Polish Airspace. This resulted in a big bounce across most euro defence stocks. Now we see British Aerospace pushing to new highs on the back of comments by the German politicians announcing that they will not allow a cease-fire for Ukraine. European politicians want a war, and not surprisingly that's good for euro defence stocks.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.