UK PM Starmer is to hold an emergency press conference on January 19th following US President Trump's Greenland tariff threats (time TBC; guided to be in the morning)

This emergency press conference indicates a potential escalation in trade tensions, particularly regarding US tariffs, which could affect UK economic policy and market sentiment.

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[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

PRE-MARKET AUSTRALIAN STOCK NEWS

UK PM Starmer is to hold an emergency press conference on January 19th following US President Trump's Greenland tariff threats (time TBC; guided to be in the morning)

EU Commission President von der Leyen says the EU and UK stand firm in upholding Greenland and Denmark's sovereignty

Newsquawk Daily Asia-Pac Opening News - 19th January 2026

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Context

With Prime Minister Starmer addressing this situation, traders should consider the implications for GBP and broader European markets, especially if further retaliatory measures are discussed. Watch for immediate currency reactions during the Asian session as more clarity emerges.

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