Stoxx 600, FTSE, DAX, CAC, Greenland in focus
This aerial view shows icebergs floating in the waters beaten down by the sun with buildings in the background off Nuuk, Greenland, on March 11, 2025, on the day of Greenland, the autonomous Danish territory, legislative elections.
Odd Andersen | Afp | Getty Images
LONDON — European stocks are expected to open in mixed territory on Wednesday as regional market jitters grow over U.S. President Donald Trump’s threat to annex Greenland.
The U.K.’s FTSE index is expected to open 0.2% lower, Germany’s DAX up 0.26%, France’s CAC 40 up 0.24%, and Italy’s FTSE MIB flat, according to data from IG.
Following the U.S.’ capture and arrest of Venezuela’s leader Nicolas Maduro, global market attention is swiftly turning to President Trump’s intentions when it comes to Greenland, an autonomous territory of Denmark.
The president and his team are considering “a range of options” in order to acquire Greenland — including “utilizing the U.S. Military,” White House press secretary Karoline Leavitt told CNBC on Tuesday.
Trump has insisted that the U.S. needs the Arctic island for national security purposes and, this week, pointed to Russian and Chinese activities in the region.
Greenland and Denmark have both repeatedly said that the country is not up for grabs, and European leaders on Tuesday issued a statement that said, “Greenland belongs to its people. It is for Denmark and Greenland, and them only, to decide on matters concerning Denmark and Greenland.”
Data releases on Wednesday include flash euro zone inflation data for December, with economists polled by Reuters expecting a rate of 2%, in line with the European Central Bank’s target.
Jaguar Land Rover releases global sales figures on Wednesday.
