US President Trump supports licensing Patriot (LMT) missile manufacturing to Ukraine, WSJ reports
President Trump's support for licensing Patriot missile manufacturing to Ukraine indicates a significant escalation in military support from the U.S., which could deepen the conflict's dynamics.
Germany sells EUR 4.553bln vs exp. EUR 6bln 2.90% 2031 Bobl: b/c 1.48x, average yield 2.89%, retention 24.1%
Boeing (BA) has asked the US government to intervene over a record EUR 3bln EU loan to Airbus (AIR FP), and is seeking greater transparency on European lending to its rival
US President Trump supports licensing Patriot (LMT) missile manufacturing to Ukraine, WSJ reports
Sirens are sounding in Bahrain, Al Arabiya reports
[MARKET ANALYSIS] USD a touch weaker awaiting US-Iran news; Kiwi leads after hotter than expected CPI
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- Ukraine will also manufacture BAE Systems (BA/ LN) L119 howitzers under a deal viewed as a potential blueprint for future Patriot missile production, WSJ says
This move might have implications for defense-related equities and commodities, particularly as it signals a long-term commitment to supporting Ukraine, potentially leading to increased volatility in global markets.
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