Global Markets in Turmoil: Trade Fears and Bond Selloff
The global stock market was rocked by a fourth consecutive day of losses amid rising concerns over U.S. policy decisions, including threats towards acquiring Greenland and imposing tariffs on Europe. Market volatility increased, with investors seeking safety in gold as global bonds attempted recovery.
Global markets were thrown into disarray for a fourth day, driven by fears of U.S. foreign policy aggression and the potential fallout of tariffs on European goods. The looming uncertainty caused a massive retreat from U.S. investments, leading Wall Street to a sharp decline.
As President Donald Trump prepared to address the World Economic Forum in Davos, investor anxiety surged, further exacerbated by the controversial U.S. stance on Greenland and European tariffs. The European Union plans an urgent summit to address these threats and stabilize the long-standing U.S.-EU alliance.
In the bond markets, yields rose sharply, with Japanese and U.S. bonds at the heart of the storm. Despite the tumult, oil prices remained steady amid geopolitical tensions and supply disruptions in Kazakhstan, highlighting the fragile balance of current economic forces.
(With inputs from agencies.)

