Global Economy
European Markets Expected to Slip on Threat of New US Tariffs – Gold Gains
<p>European equity markets are poised for a soft opening on Monday as President Donald Trump hints at imposing fresh tariffs on Europe amid Greenland‑related tensions. The prospect of higher duties is already pushing investors toward safe‑haven assets, with gold rallying.</p><p>Adding to the downside pressure, US markets will be closed for a holiday, meaning no American capital will flow into Europe. The only domestic data point is the Euro‑zone December inflation figure, while the CAC 40, DAX, FTSE 100, EuroStoxx 50 and Stoxx 600 are all projected to open lower by roughly 1 %.</p>
Listen to this article
Unlock audio versions of premium articles and more with a Pro subscription.
European equity markets are set to open lower on Monday, driven by U.S. President Donald Trump's warning of possible new tariffs on European imports amid heightened tensions over Greenland.
The prospect of fresh trade barriers has boosted demand for safe‑haven assets, pushing gold and other refuge investments higher.
With the United States observing a holiday, American investors will be absent from the trading floor, leaving European markets to react on their own.
The only domestic catalyst for the day is the release of the Euro‑zone inflation figure for December.
Projected index moves at the open:
- CAC 40 (Paris) – down about 1.34%
- DAX (Frankfurt) – down about 1.11%
- FTSE 100 (London) – down about 0.41%
- EuroStoxx 50 – down about 1.23%
- Stoxx 600 – down about 0.94%