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 TOP NEWS

Indonesia News Portal for Traders | Financial & Business Updates

22 January 2026 15:12  |

European Stocks Soar After Trump Eases Greenland Issue

European stocks rallied on Thursday after US President Donald Trump declared that a "framework agreement" on Greenland had been reached. This statement, coupled with Trump's decision to cancel planned tariff increases against several European countries, calmed markets. The pan-European Stoxx 600 index immediately rose 1.2% at the opening of trading in London.

Trump explained that the agreement was still a preliminary draft and included US-EU cooperation on defense and access to mineral resources in Greenland. Although details were unclear, this move was seen as alleviating market concerns about US-EU relations and the future of NATO, which had previously pressured the aerospace and defense sectors.

Meanwhile, global uncertainty persisted. Gold prices, which had previously hit a record, began to decline slightly, while the US dollar stabilized after weakening in recent weeks. Investors were also monitoring Trump's statements regarding the Federal Reserve and the progress of the US-EU trade deal, which is still pending in the European Parliament. (az)

Source: Newsmaker.id

 

 

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