European Markets on Edge Ahead of Trump's Davos Address

As the World Economic Forum in Davos, Switzerland, gears up for another day of high-profile speeches, European stock markets are showing signs of cautious anticipation. The spotlight is firmly on US President Donald Trump, who is scheduled to deliver his keynote speech at 5 pm local time. Investors and policymakers alike are keen to gauge the tone and content of his address, which could have significant implications for global markets.

Key Speakers to Watch

Aside from President Trump, the forum will also hear from a diverse array of influential figures. Argentine President Javier Milei, Salesforce CEO Marc Benioff, NATO Secretary General Mark Rutte, Uber CEO Dara Khosrowshahi, and European Commission Executive Vice-President Valdis Dombrovskis are among those slated to speak. Their insights on global economic trends, technology, and international relations are eagerly awaited.

Market Movements

In the premarket trading, major European indices such as Frankfurt's DAX, the FTSE 100, and the Euro Stoxx 50 remained largely unchanged, reflecting the market's wait-and-see approach. The CAC 40 saw a modest increase of 0.22%. Currency markets were also quiet, with the euro and pound showing little movement against the dollar.