The weekend has already delivered plenty for markets to digest, with renewed volatility driven by geopolitics rather than economic data.
The most notable development has been President Trump’s announcement of proposed tariffs on a group of European countries, a move that has introduced fresh uncertainty into global trade relations and raised concerns across financial markets ahead of the new trading week.
President Trump confirmed that the United States intends to impose a 10% tariff on goods from several European nations from February 2026, with the potential for these tariffs to rise to 25% later in the year if negotiations fail to progress. Countries referenced include Denmark, Germany, France, the United Kingdom and several Nordic states.
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