🔴 Rare Earth Metals ETF (VVMX.DE) is trading 3.34% down as tensions push Brent above $100

VVMX.DE is trading at €12.43 (-3.34%) as higher U.S.–Iran tensions pushed Brent crude above $100, raising energy-cost and inflation concerns.

• August PPI rose 5.4% year over year, increasing expectations for higher-for-longer interest rates.
• Rising Treasury yields and broad risk reduction pressured cyclical materials and strategic-metals exposure.
• The move appears primarily macro-driven rather than linked to a single constituent; the ETF is particularly sensitive to weaker global-growth expectations, higher financing costs, and broad equity selling.