US futures edge higher and gold hits another record as markets swoon over Greenland dispute

Market Overview - Asian shares have continued to decline, with Tokyo's Nikkei 225 down 0.7% to 52,603.44, while South Korea's Kospi fell 0.5% to 4,862.17, and Hong Kong's Hang Seng slipped 0.2% to 26,435.20 [4][6] - The S&P 500 futures rose 0.3% and Dow Jones Industrial Average futures increased by 0.2% after significant losses on Wall Street [2] Gold Market - Gold prices reached a record high, surpassing $4,800 for the first time, with a 1.7% increase as investors sought safe-haven assets amid uncertainty [2] U.S. Economic Policy - President Trump announced plans to impose 10% tariffs on several European countries starting in February, in addition to a 15% tariff from an unratified trade agreement with the EU [7] - The S&P 500 experienced a 2.1% drop to 6,796.86, marking its steepest decline since October, while the Dow Jones fell 1.8% to 48,488.59 [8] Company Performance - Nvidia's stock fell by 4.4%, and Apple dropped 3.5%, with other sectors such as retail, banking, and industrial companies also facing losses [9] Interest Rates and Oil Prices - The Federal Reserve is expected to maintain its benchmark interest rate in the upcoming policy meeting, while Japan's central bank will conclude its monetary policy meeting soon [10] - U.S. benchmark crude oil prices decreased by 56 cents to $59.80 per barrel, and Brent crude fell by 70 cents to $64.22 per barrel [10]