The US is threatening European countries with duties because of Greenland, the EU is preparing countermeasures worth tens of billions of euros and discussing the launch of an "anti-coercive mechanism", while the markets are reacting with a rise in gold and silver. These and other topics - in our review of key events for the morning of January 19.

Highlights for the morning: billionaires break records, EU prepares measures against US over Greenland

US President Donald Trump has announced a 10 percent duty on European countries that have supported Denmark and opposed his attempts to gain control of Greenland.

Trump announces duties on eight European countries over Greenland

Several of the richest Americans, including Bill Gates and Jeff Bezos, have invested in Greenland after Donald Trump expressed interest in it back in his first term as president, Forbes <a href="https://www.forbes.com/sites/martinadilicosa/2026/01/09/these-billionaires-bet-big-on-greenland-after-trump-took-interest/">writes</a>. Here's who the billionaires have invested in the island's economy:

Island of Hope: How the richest US billionaires are investing in Greenland

Taiwan Semiconductor Manufacturing Company Limited

BRC Group Holdings, Inc.

Mission Produce, Inc.

Calavo Growers, Inc.

H.B. Fuller Company

Nutrien Ltd.

SLB N.V.

Trip.com Group Limited

Bank of America Corporation

Wells Fargo & Company

Citigroup Inc.

Daily review and forecast of events on the U.S. stock market from Mikhail Denislamov, Deputy Director of Freedom Capital Markets Research.

Morning in New York: quotations are driven by geopolitics

Gold also fell in price amid profit taking

Silver collapsed 7% after a record high. Is the rally over?

Oil prices collapsed after US President Donald Trump <a href="https://youtu.be/Mq6Xl8FjbCA">said</a> that Iranian authorities had stopped killing protesters and were not going to execute protesters. Brent futures fell 1.7% below $65 per barrel, while North American WTI crude contracts plummeted 1.9% to almost $60 per barrel.

Oil sharply cheaper after Trump's words on 'stopping the killing' in Iran

Oil prices jumped after US President Donald Trump <a href="https://oninvest.com/article/pomos-v-puti-tramp-obratilsa-k-iranskim-protestuusim">addressed </a>protesters in Iran, in which he urged them not to give up and said that "help is on the way," CNBC <a href="https://www.cnbc.com/2026/01/13/oil-prices-today-trump-iran-protests.html">reported </a>. Brent futures rose 2.6 percent to $65.5 a barrel. Exchange contracts for North American WTI added 2.8% and passed the mark of $61 per barrel. At the moment, both grades rose in price by more than 3%.

Oil rose sharply after Trump's words on helping protesters in Iran

Some 2,000 people have died in protests in Iran, Reuters wrote, citing an Iranian official

'Help is on the way': Trump addresses Iranian protesters

Orsted A/S

Curtailing the almost-completed Revolution Wind wind farm project offshore the US would have resulted in more than $3 billion in losses for Orsted

A court in the US has unblocked a key Orsted project. Shares in the Danish energy giant soared

The heads of leading central banks around the world have expressed solidarity with the head of the US Federal Reserve, a criminal investigation has been launched against Jerome Powell in the States

'Own goal': investment fund managers on risks over Trump's fight with the Fed

The day before, Trump announced a 25 percent duty on goods from countries "doing business" with Iran - the consequence of this decision could be a "geopolitical premium to oil prices," an analyst warns

"Geopolitical premium": oil prices hit a two-month high

Any country that does business with Iran will face a 25% duty "on any and all transactions conducted with the United States of America," US President Donald Trump said on Monday, January 12. The new levy takes effect immediately, he <a href="https://truthsocial.com/@realDonaldTrump/115884319075881590">wrote</a> on the social media network Truth Social. "This executive order is final and not subject to review," Trump added.