Asian Shares Dip as Trump's Greenland Tariff Threats Fuel Trade Tensions

Market
C
CNBC TV18•20-01-2026, 06:37
Asian Shares Dip as Trump's Greenland Tariff Threats Fuel Trade Tensions
- •Asian equities declined 0.5% and S&P 500 futures were down 1.1% following US President Donald Trump's tariff threats related to Greenland.
- •US 10-year bond yield rose to 4.26%, and 30-year bond yield gained almost four basis points; European stocks saw their biggest decline since November.
- •The dollar strengthened, while gold, silver, and cryptocurrencies, including Bitcoin, saw slight declines after recent highs.
- •Japanese yen remained steady as PM Sanae Takaichi called an early election; Japan's 40-year bond yield hit a record 4% since its 2007 debut.
- •Trump's tariff threats and European pushback reignite market volatility, with the EU considering tariffs on $108 billion worth of US goods.
Why It Matters: Global markets are reacting to renewed trade tensions sparked by Trump's Greenland tariff threats and European resistance.
✦
More like this
Loading more articles...




