Why safe havens unexpectedly dropThis file photo shows a less crowded gold shop in Yaowarat, Bangkok, on Jan 26. So did European defence stocks. It's much the same for European defence companies. Given the ongoing geopolitical fragmentation, the case for European defence companies still looks pretty decent -- if not better than it did at the end of February. Korean equities were trading nearly 40% above their 200-day moving average in February, with momentum scores higher than any other part of the market.

Source: Bangkok Post March 27, 2026 23:46 UTC