[MARKET UPDATE] US equity futures open down (ES -50 points, NQ -255 points); T-Note futures +5 ticks; WTI futures -USD 0.40/bbl; Spot XAU +USD 45/oz; risk aversion as a function of the US tariffs over Greenland and potential EU retaliation

US equity futures open down (ES -50 points, NQ -255 points); T-Note futures +5 ticks; WTI futures -USD 0.40/bbl; Spot XAU +USD 45/oz; risk aversion as a function of the US tariffs over Greenland and potential EU retaliation.

US equity futures are opening lower amid rising risk aversion, primarily driven by the introduction of tariffs on Greenland by the US and potential retaliation from the EU. This geopolitical tension has implications across various asset classes, with T-Note futures gaining and spot gold rising significantly as investors seek safety, while WTI futures also reflect the uncertainty surrounding global supply dynamics.