JEDI.DE is trading at €72.43 (down 3%) as hawkish central bank signals and escalating geopolitical tensions weigh on growth-oriented sectors.
- The fund is extending a multi-day pullback from recent highs above €81, pressured by higher-for-longer rate rhetoric from the Federal Reserve and fresh tightening by the Bank of Korea.
- Escalating U.S.-Iran tensions and rising oil prices are further dampening risk appetite, specifically impacting long-duration innovation and aerospace holdings within the fund.