IBOV 173,371.35 ▼ 0.20% IPSA 10,896.87 ▲ 0.10% IPC MEX 66,122.78 ▼ 0.74% MERVAL 3,223,652 ▲ 0.74% COLCAP 2,298.34 — 0.00% BVL PERÚ 55,645.90 — — USD/BRL5.09▼ 0.40% USD/MXN17.40▼ 0.77% USD/CLP933.60▼ 0.15% USD/COP3,255▼ 0.08% USD/PEN3.39▲ 0.09% USD/ARS1,481▲ 0.17% USD/UYU40.19▼ 0.10% USD/PYG6,031▼ 0.03% USD/BOB10.75▲ 0.94% USD/DOP58.25▲ 0.02% USD/CRC447.35▲ 0.28% USD/GTQ7.62▼ 0.05% USD/HNL26.74— 0.00% USD/NIO 36.62 — 0.00% USD/VES735.39▼ 0.08% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.59— 0.00% USD/TTD6.73▼ 0.21% EUR/BRL5.81▼ 0.58% BRENT 88.63 ▼ 0.66% WTI 82.23 ▼ 1.20% IRON ORE 161.91 — — COPPER 6.41 ▲ 1.70% GOLD 4,049 ▲ 0.96% SILVER 57.99 ▲ 2.09% SOY 1,223 ▼ 0.24% CORN 471.00 ▲ 4.78% WHEAT 674.00 — 0.00% COFFEE 323.50 ▼ 1.51% SUGAR 14.81 ▼ 0.13% ORANGE JUICE 146.90 ▲ 6.30% COTTON 78.88 ▲ 2.35% COCOA 5,507 ▼ 0.47% BEEF 223.30 ▼ 0.50% CATTLE 346.78 ▲ 0.24% LITHIUM 66.92 ▼ 2.14% PETR4 41.15 ▲ 0.61% VALE3 71.93 ▼ 1.38% ITUB4 42.30 ▲ 0.81% BBDC4 18.41 ▲ 0.66% ABEV3 15.79 ▲ 1.02% BBAS3 20.17 ▼ 1.56% B3SA3 15.26 ▲ 0.39% WEGE3 43.13 ▼ 1.15% PRIO3 57.69 ▼ 0.28% SUZB3 41.89 ▼ 0.10% RENT3 37.49 ▼ 1.94% AZZA3 18.17 ▼ 2.26% CSAN3 3.82 ▼ 0.52% RAIZ4 0.27 ▼ 6.90% PCAR3 2.60 — 0.00% GMAT3 3.85 ▼ 0.77% PSSA3 54.20 ▼ 1.70% CVCB3 1.08 ▼ 11.48% POSI3 3.70 ▼ 2.63% SLCE3 13.57 ▲ 0.30% NATU3 8.63 ▲ 0.94% BRKM5 5.94 ▼ 4.04% RANI3 7.99 ▲ 0.50% CSNA3 5.07 ▲ 0.40% CMIN3 5.39 ▲ 1.13% USIM5 8.16 ▼ 0.85% GGBR4 23.62 ▼ 1.75% ENEV3 25.65 ▼ 0.12% CPFE3 46.32 ▼ 1.17% CMIG4 11.02 ▼ 0.90% EQTL3 39.29 ▼ 0.53% LREN3 13.31 ▼ 0.82% VIVT3 35.67 ▲ 0.42% RAIL3 13.57 ▼ 0.95% KLABIN 17.48 ▼ 0.57% RAIA DROGASIL 18.69 ▲ 0.75% RDOR3 35.45 ▼ 0.92% HAPV3 11.55 ▲ 1.49% FLRY3 16.56 ▼ 0.18% SMTO3 15.41 ▼ 0.26% UGPA3 31.70 ▼ 1.15% VBBR3 34.11 ▼ 2.32% BBSE3 41.05 ▼ 0.17% BPAC11 55.84 ▼ 0.61% CURY3 30.19 ▼ 1.57% AERI3 2.07 ▲ 2.48% VIVARA 21.96 ▼ 2.14% COMPASS 24.60 ▼ 1.13% VAMOS 3.09 ▼ 2.52% SANB11 27.01 ▲ 1.35% ASAI3 8.14 ▼ 4.24% SBSP3 28.98 ▼ 0.82% WALMEX 49.38 ▼ 0.22% GMEXICO 201.45 ▲ 0.42% FEMSA 226.85 ▲ 0.49% CEMEX 21.81 ▼ 4.05% GFNORTE 180.00 ▼ 0.74% BIMBO 59.31 ▲ 2.26% TELEVISA 9.71 ▲ 1.46% AMX 22.74 ▼ 1.13% GAP 378.19 ▼ 2.02% ASUR 274.37 ▼ 1.91% OMA 226.42 ▼ 1.82% KOF 180.95 ▲ 0.11% GRUMA 287.60 ▲ 0.39% KIMBER 38.39 ▼ 0.72% SQM-B 63,400 ▼ 3.13% COPEC 6,345 ▲ 1.53% BSANTANDER 78.90 ▲ 2.47% FALABELLA 5,850 ▲ 0.26% ENELAM 84.67 ▲ 0.75% CENCOSUD 2,005 ▲ 0.50% CMPC 1,088 ▲ 1.68% BANCO CHILE 189.95 ▲ 0.77% LATAM AIR 24.36 ▼ 1.62% YPF 79,200 ▲ 1.67% GGAL 7,845 ▼ 0.19% PAMPA 5,270 ▲ 1.93% TXAR 675.00 ▲ 1.66% ALUAR 959.50 ▲ 1.05% TGS 9,500 ▲ 1.39% CEPU 2,289 ▲ 1.10% MIRGOR 17,125 ▲ 1.48% COME 42.95 ▼ 2.03% LOMA NEGRA 3,558 ▲ 0.99% BYMA 294.50 ▼ 1.09% TELECOM ARG 4,145 ▼ 0.12% ECOPETROL 16.04 ▼ 0.34% BANCOLOMBIA 80.82 ▲ 0.51% GRUPO AVAL 4.95 ▲ 0.61% CREDICORP 386.85 ▼ 0.96% SOUTHERN COPPER 175.07 ▲ 1.50% BUENAVENTURA 30.06 ▼ 0.60% MERCADOLIBRE 1,832 ▲ 1.02% NUBANK 13.99 ▲ 2.94% XP 16.80 ▲ 0.78% PAGSEGURO 9.29 ▲ 2.77% STONE 11.12 ▼ 0.27% GLOBANT 32.29 ▲ 0.19% TECNOGLASS 46.11 ▼ 0.80% GAP AIRPORT 217.12 ▼ 1.72% ASUR 274.37 ▼ 1.91% OMA AIRPORT 104.01 ▼ 1.23% AMX ADR 26.10 ▼ 0.65% FEMSA ADR 130.01 ▲ 0.77% CEMEX ADR 12.49 ▼ 3.70% PETROBRAS ADR 18.19 ▲ 1.22% VALE ADR 14.10 ▼ 0.63% ITAU ADR 8.32 ▲ 1.46% SANTANDER BR 5.38 ▲ 2.67% AMBEV ADR 3.08 ▲ 1.65% CSN 1.01 ▲ 2.02% GERDAU 4.68 ▼ 0.85% LATAM ADR 51.74 ▼ 1.56% BTC 65,422 ▲ 1.13% ETH 1,924 ▲ 2.79% SOL 78.15 ▲ 2.35% XRP 1.12 ▲ 2.51% BNB 574.64 ▲ 0.74% ADA 0.17 ▲ 3.63% DOGE 0.07 ▲ 0.51% AVAX 6.63 ▲ 2.70% LINK 8.62 ▲ 3.01% DOT 0.83 ▲ 2.05% LTC 47.26 ▲ 0.46% BCH 223.15 ▲ 3.85% TRX 0.33 ▼ 0.39% XLM 0.19 ▲ 0.14% HBAR 0.07 ▲ 0.97% NEAR 2.02 ▲ 5.62% ATOM 1.50 ▲ 1.83% AAVE 91.93 ▲ 2.91% SELIC 14.25% EMBRAER 83.29 ▲ 1.88% EMBRAER ADR 65.93 ▲ 2.87% JBS 12.03 ▲ 1.01% JBS BDR 60.79 ▲ 0.98% MBRF3 14.52 ▼ 3.39% MBRFY 2.91 — 0.00% INTER 5.62 ▲ 4.66% EGX 53,126 ▲ 1.08% USD/ZAR16.48▼ 0.38% USD/NGN 1,376 — 0.00% NIKKEI 65,256 ▲ 1.74% CSI300 4,665 ▲ 1.44% HSI 25,056 ▼ 0.34% NIFTY 24,239 ▼ 0.39% KOSPI 6,733 ▲ 3.33% JCI 6,280 ▲ 0.77% USD/JPY162.46▲ 0.02% USD/CNY6.77▼ 0.15% DAX 24,847 ▲ 0.06% CAC 8,340 ▲ 0.02% FTSE 10,525 ▼ 0.71% MIB 51,863 ▼ 0.04% IBEX 19,207 ▼ 0.05% STOXX 639.60 ▼ 0.30% EUR/USD 1.1414 — 0.00% GBP/USD1.34▼ 0.04% SPX 7,443 ▼ 0.19% DJI 51,839 ▼ 0.59% NDX 28,604 ▲ 0.04% RUT 2,942 ▼ 0.67% TSX 34,960 ▼ 0.86% VIX 18.65 ▼ 0.64% USD/CAD1.41▲ 0.45% US10Y 4.5980 ▲ 1.26% IBOV 173,371.35 ▼ 0.20% IPSA 10,896.87 ▲ 0.10% IPC MEX 66,122.78 ▼ 0.74% MERVAL 3,223,652 ▲ 0.74% COLCAP 2,298.34 — 0.00% BVL PERÚ 55,645.90 — — USD/BRL 5.09 ▼ 0.40% USD/MXN 17.40 ▼ 0.77% USD/CLP 933.60 ▼ 0.15% USD/COP 3,255 ▼ 0.08% USD/PEN 3.39 ▲ 0.09% USD/ARS 1,481 ▲ 0.17% USD/UYU 40.19 ▼ 0.10% USD/PYG 6,031 ▼ 0.03% USD/BOB 10.75 ▲ 0.94% USD/DOP 58.25 ▲ 0.02% USD/CRC 447.35 ▲ 0.28% USD/GTQ 7.62 ▼ 0.05% USD/HNL 26.74 ▲ 0.00% USD/NIO 36.62 — 0.00% USD/VES 735.39 ▼ 0.08% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.59 ▲ 0.60% USD/TTD 6.73 ▲ 1.11% EUR/BRL 5.81 ▼ 0.58% BRENT 88.63 ▼ 0.66% WTI 82.23 ▼ 1.20% IRON ORE 161.91 — — COPPER 6.41 ▲ 1.70% GOLD 4,049 ▲ 0.96% SILVER 57.99 ▲ 2.09% SOY 1,223 ▼ 0.24% CORN 471.00 ▲ 4.78% WHEAT 674.00 — 0.00% COFFEE 323.50 ▼ 1.51% SUGAR 14.81 ▼ 0.13% ORANGE JUICE 146.90 ▲ 6.30% COTTON 78.88 ▲ 2.35% COCOA 5,507 ▼ 0.47% BEEF 223.30 ▼ 0.50% CATTLE 346.78 ▲ 0.24% LITHIUM 66.92 ▼ 2.14% PETR4 41.15 ▲ 0.61% VALE3 71.93 ▼ 1.38% ITUB4 42.30 ▲ 0.81% BBDC4 18.41 ▲ 0.66% ABEV3 15.79 ▲ 1.02% BBAS3 20.17 ▼ 1.56% B3SA3 15.26 ▲ 0.39% WEGE3 43.13 ▼ 1.15% PRIO3 57.69 ▼ 0.28% SUZB3 41.89 ▼ 0.10% RENT3 37.49 ▼ 1.94% AZZA3 18.17 ▼ 2.26% CSAN3 3.82 ▼ 0.52% RAIZ4 0.27 ▼ 6.90% PCAR3 2.60 — 0.00% GMAT3 3.85 ▼ 0.77% PSSA3 54.20 ▼ 1.70% CVCB3 1.08 ▼ 11.48% POSI3 3.70 ▼ 2.63% SLCE3 13.57 ▲ 0.30% NATU3 8.63 ▲ 0.94% BRKM5 5.94 ▼ 4.04% RANI3 7.99 ▲ 0.50% CSNA3 5.07 ▲ 0.40% CMIN3 5.39 ▲ 1.13% USIM5 8.16 ▼ 0.85% GGBR4 23.62 ▼ 1.75% ENEV3 25.65 ▼ 0.12% CPFE3 46.32 ▼ 1.17% CMIG4 11.02 ▼ 0.90% EQTL3 39.29 ▼ 0.53% LREN3 13.31 ▼ 0.82% VIVT3 35.67 ▲ 0.42% RAIL3 13.57 ▼ 0.95% KLABIN 17.48 ▼ 0.57% RAIA DROGASIL 18.69 ▲ 0.75% RDOR3 35.45 ▼ 0.92% HAPV3 11.55 ▲ 1.49% FLRY3 16.56 ▼ 0.18% SMTO3 15.41 ▼ 0.26% UGPA3 31.70 ▼ 1.15% VBBR3 34.11 ▼ 2.32% BBSE3 41.05 ▼ 0.17% BPAC11 55.84 ▼ 0.61% CURY3 30.19 ▼ 1.57% AERI3 2.07 ▲ 2.48% VIVARA 21.96 ▼ 2.14% COMPASS 24.60 ▼ 1.13% VAMOS 3.09 ▼ 2.52% SANB11 27.01 ▲ 1.35% ASAI3 8.14 ▼ 4.24% SBSP3 28.98 ▼ 0.82% WALMEX 49.38 ▼ 0.22% GMEXICO 201.45 ▲ 0.42% FEMSA 226.85 ▲ 0.49% CEMEX 21.81 ▼ 4.05% GFNORTE 180.00 ▼ 0.74% BIMBO 59.31 ▲ 2.26% TELEVISA 9.71 ▲ 1.46% AMX 22.74 ▼ 1.13% GAP 378.19 ▼ 2.02% ASUR 274.37 ▼ 1.91% OMA 226.42 ▼ 1.82% KOF 180.95 ▲ 0.11% GRUMA 287.60 ▲ 0.39% KIMBER 38.39 ▼ 0.72% SQM-B 63,400 ▼ 3.13% COPEC 6,345 ▲ 1.53% BSANTANDER 78.90 ▲ 2.47% FALABELLA 5,850 ▲ 0.26% ENELAM 84.67 ▲ 0.75% CENCOSUD 2,005 ▲ 0.50% CMPC 1,088 ▲ 1.68% BANCO CHILE 189.95 ▲ 0.77% LATAM AIR 24.36 ▼ 1.62% YPF 79,200 ▲ 1.67% GGAL 7,845 ▼ 0.19% PAMPA 5,270 ▲ 1.93% TXAR 675.00 ▲ 1.66% ALUAR 959.50 ▲ 1.05% TGS 9,500 ▲ 1.39% CEPU 2,289 ▲ 1.10% MIRGOR 17,125 ▲ 1.48% COME 42.95 ▼ 2.03% LOMA NEGRA 3,558 ▲ 0.99% BYMA 294.50 ▼ 1.09% TELECOM ARG 4,145 ▼ 0.12% ECOPETROL 16.04 ▼ 0.34% BANCOLOMBIA 80.82 ▲ 0.51% GRUPO AVAL 4.95 ▲ 0.61% CREDICORP 386.85 ▼ 0.96% SOUTHERN COPPER 175.07 ▲ 1.50% BUENAVENTURA 30.06 ▼ 0.60% MERCADOLIBRE 1,832 ▲ 1.02% NUBANK 13.99 ▲ 2.94% XP 16.80 ▲ 0.78% PAGSEGURO 9.29 ▲ 2.77% STONE 11.12 ▼ 0.27% GLOBANT 32.29 ▲ 0.19% TECNOGLASS 46.11 ▼ 0.80% GAP AIRPORT 217.12 ▼ 1.72% ASUR 274.37 ▼ 1.91% OMA AIRPORT 104.01 ▼ 1.23% AMX ADR 26.10 ▼ 0.65% FEMSA ADR 130.01 ▲ 0.77% CEMEX ADR 12.49 ▼ 3.70% PETROBRAS ADR 18.19 ▲ 1.22% VALE ADR 14.10 ▼ 0.63% ITAU ADR 8.32 ▲ 1.46% SANTANDER BR 5.38 ▲ 2.67% AMBEV ADR 3.08 ▲ 1.65% CSN 1.01 ▲ 2.02% GERDAU 4.68 ▼ 0.85% LATAM ADR 51.74 ▼ 1.56% BTC 65,422 ▲ 1.13% ETH 1,924 ▲ 2.79% SOL 78.15 ▲ 2.35% XRP 1.12 ▲ 2.51% BNB 574.64 ▲ 0.74% ADA 0.17 ▲ 3.63% DOGE 0.07 ▲ 0.51% AVAX 6.63 ▲ 2.70% LINK 8.62 ▲ 3.01% DOT 0.83 ▲ 2.05% LTC 47.26 ▲ 0.46% BCH 223.15 ▲ 3.85% TRX 0.33 ▼ 0.39% XLM 0.19 ▲ 0.14% HBAR 0.07 ▲ 0.97% NEAR 2.02 ▲ 5.62% ATOM 1.50 ▲ 1.83% AAVE 91.93 ▲ 2.91% SELIC 14.25% EMBRAER 83.29 ▲ 1.88% EMBRAER ADR 65.93 ▲ 2.87% JBS 12.03 ▲ 1.01% JBS BDR 60.79 ▲ 0.98% MBRF3 14.52 ▼ 3.39% MBRFY 2.91 — 0.00% INTER 5.62 ▲ 4.66% EGX 53,126 ▲ 1.08% USD/ZAR 16.49 ▼ 0.02% USD/NGN 1,376 — 0.00% NIKKEI 65,256 ▲ 1.74% CSI300 4,665 ▲ 1.44% HSI 25,056 ▼ 0.34% NIFTY 24,239 ▼ 0.39% KOSPI 6,733 ▲ 3.33% JCI 6,280 ▲ 0.77% USD/JPY 162.49 ▲ 0.02% USD/CNY 6.7681 ▲ 0.16% DAX 24,847 ▲ 0.06% CAC 8,340 ▲ 0.02% FTSE 10,525 ▼ 0.71% MIB 51,863 ▼ 0.04% IBEX 19,207 ▼ 0.05% STOXX 639.60 ▼ 0.30% EUR/USD 1.1414 — 0.00% GBP/USD 1.3435 ▲ 0.07% SPX 7,443 ▼ 0.19% DJI 51,839 ▼ 0.59% NDX 28,604 ▲ 0.04% RUT 2,942 ▼ 0.67% TSX 34,960 ▼ 0.86% VIX 18.65 ▼ 0.64% USD/CAD 1.4075 ▼ 0.02% US10Y 4.5980 ▲ 1.26%
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Tuesday, July 21, 2026

Analysis Defense Monitor

Trade Routes and Warships: Europe’s New Asian Naval Strategy

By · November 12, 2024 · 2 min read

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(Analysis) The Italian Navy’s flagship Cavour just completed a remarkable journey across half the world. This aircraft carrier, along with its escort ships, spent five months patrolling Asian waters.

The mission covered 77,000 nautical miles and marked a turning point in European military strategy. Money tells part of the story. About 40% of Europe’s trade moves through these Asian sea lanes.

European nations want to protect these vital shipping routes. The Cavour’s presence sends a clear message about Europe‘s commitment to keeping these waters open.

The Italian carrier group didn’t sail alone. It joined forces with warships from Australia, Japan, and the United States. These joint exercises showed that European navies could work seamlessly with Pacific allies.

The Cavour’s F-35B fighter jets practiced takeoffs and landings with other nations’ aircraft. Germany, France, and Britain have also sent their warships to Asian waters. Each deployment builds connections with regional partners.

Trade Routes and Warships: Europe's New Asian Naval Strategy
Trade Routes and Warships: Europe’s New Asian Naval Strategy. (Photo Internet reproduction)
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These European navies now regularly patrol areas thousands of miles from their home ports. This marks a major shift from their traditional focus on European waters.

China’s growing navy partially explains this new European interest. Chinese warships now operate throughout the Indo-Pacific region.

European Naval Presence in Asia

European nations aim to maintain free navigation through international waters. Their presence supports smaller Asian nations facing pressure from China.

The Cavour’s deployment shows how modern navies operate. Its F-35B jets can take off and land vertically on the carrier’s deck.

Support ships like the ITS Alpino extend the carrier group’s reach. Together, they demonstrate Italy’s ability to project power far from home.

These European naval missions serve multiple goals. They protect trade routes and support allies. They also gather intelligence and show military capabilities. Each port visit strengthens diplomatic ties with Asian partners.

European warships face practical challenges in Asian waters. Distance from home bases limits their staying power. They must carefully manage fuel, supplies, and maintenance. Yet European nations see these challenges as worth addressing.

The Ukraine war hasn’t stopped these Asian deployments. European nations continue sending ships despite pressures closer to home. This shows how seriously they take their role in Asian security.

This naval presence comes with risks. European nations must balance their security goals against economic ties with China. They aim to protect their interests without triggering unnecessary confrontation.

Looking ahead, these European naval missions will likely continue. The Indo-Pacific region’s importance keeps growing. European nations now see themselves as having a direct stake in Asian security.

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