PremiumGoldman Delta-One Head Expects 'Last Minute Compromise' By Trump Over Greenland
As we detailed earlier, there's a decidedly 'risk off' feel to markets today (EU stocks down, gold up) focus squarely shifted to Greenland and the escalation between the US and Europe over the weekend.
On the face of it, 10% tariffs are slated for early February on a series of European nations. Europe is threatening retaliation, including tearing up prior trade agreements and potentially invoking the Anti-Coercion Instrument - a tool it has never used before.