EUAD is trading 4.9% up in pre-market following President Trump's de-escalation comments regarding the U.S.-Iran conflict and signals that military operations could conclude within three weeks.
- Geopolitical relief was further bolstered as Iran's April 1 strike deadline passed without incident, improving risk appetite across defense sectors and broader markets.
- The rally aligns with positive market momentum and stabilizing Treasury yields at 4.29% after Fed Chair Powell suggested the central bank can overlook temporary energy shocks.