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Evening Standard
Evening Standard
Jeremy Cutler

Stocks rally as Trump calms Greenland rhetoric

Donald Trump Greenland United States Experian Kathleen Brooks Inflation Bank of England Burberry Glencore London
The US president made a wide-ranging, often rambling speech at the World Economic Forum in Davos, Switzerland, on Wednesday (Evan Vucci/AP) - (AP)

The FTSE 100 shrugged off a weak start to close slightly higher on Wednesday after US president Donald Trump said he would not use force to take control of Greenland, but insisted America must still have “ownership” of it.

Kathleen Brooks, research director at XTB, said Mr Trump’s speech at Davos, in Switzerland, had two key takeaways for markets.

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