Stoxx 600, FTSE, DAX, CAC, Greenland in focus

LONDON — European stock markets are expected to open lower on Thursday as unrest continues in the markets regarding US President Donald Trump’s threat to annex Greenland.

of england FTSE The German index is expected to open with a decrease of 0.3% DAX and France CAC 40 is expected to be slightly below the horizontal line and Italy FTSE MIB According to IG data, there is a 0.2% decrease.

Global markets have focused on rising geopolitical tensions this week following the US’s impeachment of Venezuelan President Nicolas Maduro last weekend and subsequent threats to seize Greenland.

Wall Street closed lower Wednesday and defense stocks fell after Trump said he “will not allow” defense companies to issue dividends or stock buybacks until he addresses his grievances about the industry, including executive pay packages and production problems.

European markets have been on high alert this week after Trump threatened that the United States could use military force to seize Greenland, a semi-autonomous region of Denmark.

European defense stocks rose on Wednesday; The Stoxx European Aerospace and Defense index posted a fourth consecutive day of gains, rising 3% during the session.

Regional leaders have opposed Trump’s takeover ambitions, and US Secretary of State Marco Rubio will meet with Danish officials next week. Rubio downplayed the invasion threat, saying Trump wanted to “buy” Greenland.

Asia-Pacific markets traded mixed overnight, while US stock futures were near flat.

Investors are awaiting Supreme Court opinions this week on the legality of the tariffs Trump imposed on Friday. The decision could lead to some potential volatility in the markets.

There are no major earnings or data releases on Thursday.