What’s Europe’s leverage in Greenland negotiations? [Video]
|Europe started the week in a sour mood as trade tensions with the US heat up. With Wall Street closed, European equities tried to gauge the risks — German carmakers and French luxury houses like Louis Vuitton were the first casualties. US futures point lower too, with tech under the microscope: Big Tech could become Europe’s target if the trade spat escalates.
Meanwhile, miners are quietly shining as gold and copper rally — but some valuations, like Fresnillo’s, look stretched.
Markets are volatile, tech and miners are in focus — and this “Season of the Stupidest Trade War” shows no signs of stopping. So what’s next? Wil Europeans convince the US peers that this is not a good idea, will they ‘weaponize’ their holdings to increase pressure on the US, or will their hit the US Big Tech with tariffs?
Meanwhile, miners are quietly shining as gold and copper rally — but some valuations, like Fresnillo’s, look stretched.
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