Vanguard FTSE Europe Shares ETF is trading 1.2% higher today as investors reprice European equities amid easing geopolitical and energy risks linked to a U.S.–Iran peace deal and the reopening of the Strait of Hormuz.
- The upward move aligns with a broader risk-on tone in global markets, supported by firmer U.S. equity futures.
- Lower oil prices are providing a tailwind for European importers and cyclical sectors, which dominate the FTSE Europe universe tracked by the fund.