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A planned announcement of an USD 800bln 'prosperity plan' between Ukraine, Europe and the US has been delayed due to Europe's opposition from President Trump to acquire Greenland, the FT reports citing officials

The delay of the USD 800 billion 'prosperity plan' involving Ukraine, Europe, and the US suggests significant friction in international collaboration, particularly stemming from President Trump's stance on Greenland.

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A planned announcement of an USD 800bln 'prosperity plan' between Ukraine, Europe and the US has been delayed due to Europe's opposition from President Trump to acquire Greenland, the FT reports citing officials

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This could weigh on market sentiment, as geopolitical uncertainties often lead to risk aversion, impacting equities and potentially boosting safe-haven assets like gold. Furthermore, the implications for USD and EUR flows may create volatility in FX markets as investors reassess risk.

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