What Europe's defence spend means for markets

In this episode, Eimear Daly and Paul Robson discuss the significant implications of the Trump presidency on European security. They explore the potential shifts in defence spending, and what it may mean for the EUR and regional European currencies, as well as the consequences for regional government bond markets. They also delve into what this week's key UK data may mean for Bank of England policy rates and sterling, and take stock of US tariff-related headlines.Remember to hit subscribe so you can listen to the latest episode in this series as soon as they're available and get our views on the big themes and events moving markets and shaping the economy.NB. This episode was recorded on 20 February 2025.For any terms used please refer to this glossary https://www.natwest.com/corporates/insights/markets/glossary.htmlPlease view our full disclaimer here: https://www.natwest.com/corporates/disclaimer.html