🟢 EUAD is trading 3.1% up today on escalating Middle East tensions and rising defense demand

EUAD is trading 3.1% up in pre-market as escalating Middle East conflicts involving Iran drive increased demand for defense spending.

• The ETF is rebounding from a 4.3% drop on March 20, fueled by reports of attacks on energy facilities and new U.S. military deployments.
• Geopolitical risks are currently overriding hawkish Fed signals from March 18, with broader market shifts toward insurance and defense signaling a move into risk-off sectors.