European Markets Set for Mixed Open as Trump’s Greenland Threat Rattles Investors

European stock markets are expected to open mixed on Wednesday, as growing geopolitical concerns surrounding Greenland weigh on investor sentiment across the region. Market jitters intensified after U.S. President Donald Trump renewed threats to annex the Arctic territory, prompting unease among European leaders and global investors.

According to IG data, the U.K.’s FTSE index is projected to open 0.2% lower, while Germany’s DAX is seen rising 0.26%. France’s CAC 40 is expected to gain 0.24%, with Italy’s FTSE MIB set for a flat start. The uneven outlook reflects caution rather than confidence as political developments overshadow economic signals.

Market attention has shifted sharply toward Greenland following the recent U.S. capture and arrest of Venezuelan leader Nicolas Maduro. The White House confirmed on Tuesday that President Trump and his advisers are exploring “a range of options” to acquire Greenland — including the potential use of the U.S. military — citing national security concerns tied to Russian and Chinese activity in the Arctic.

Greenland and Denmark have firmly rejected the notion, reiterating that the territory is not for sale. European leaders echoed this stance on Tuesday, issuing a united statement declaring that Greenland belongs to its people and that decisions regarding its future rest solely with Denmark and Greenland.

Beyond geopolitics, investors are also watching key economic data due later Wednesday, including flash euro zone inflation figures for December. Economists surveyed by Reuters expect inflation to come in at 2%, aligning with the European Central Bank’s target. Meanwhile, Jaguar Land Rover is set to release its latest global sales figures, offering further insight into consumer demand amid global uncertainty.

source: cnbc