Defense Stocks Surge as Trump & Putin Teams Head to Saudi Arabia | The Opening Trade 02/17

Top US and Russian government officials will hold a meeting in Riyadh, Saudi Arabia on Tuesday to discuss the restoration of bilateral ties and ending the war in Ukraine, the Kremlin confirmed on Monday. European bonds fell and shares in defense companies rallied on the likelihood of greater military spending. Officials are working on a major new package to ramp up defense spending and some EU leaders are planning to meet on Monday in Paris to start drawing up their response. The moves come as the US pushes for a quick end to the war in Ukraine and after Vice President JD Vance attacked longstanding European allies at a security conference Friday. 
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards and Tom Mackenzie.

Chapters:
00:00:00 – Opening Trade
00:03:43 – Keir Starmer Ready to Send Troops to Ukraine
00:07:07 – China Invites DeepSeek Founder, Jack Man to Meet Top Leaders
00:10:12 – xAI’s Grok 3 Chatbot Release, Elon Musk Says ‘Smartest AI’
00:13:52 – Analysts Rush to Upgrade Defense Stocks
00:16:21 – EURO-USD Touches 1.05
00:23:34 – Trump & Putin Teams to Meet in Saudi Arabia
00:26:03 – ‘Putin Smells Weakness’: Munich Security Conference Chairman
00:31:27 – Macron to Host Emergency Paris Summit on Ukraine, Defense
00:35:37 – ‘We Will Not Leave Ukraine Alone’: Lithuania’s Defense Minister
00:53:16 – Rheinmetall, SAAB & Defense Stocks Surge
01:02:55 – European Markets Open
01:10:07 – Warren Buffet Sells Bank of America, Citi Stock
01:11:43 – EU Seeks Military Revival to Support Ukraine
01:29:07 – EU Will Counter Trump Tariffs: Germany’s Olaf Scholz:
01:35:11 – UniCredit May Terminate BPM Bid if BPM Raised Anime Offer
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