European stock markets got a shot in the arm as President Trump pulled back from his tariff ultimatums targeting Greenland and explicitly ruled out military intervention in the Danish territory. The policy shift—abandoning threats that had sparked market anxiety—triggered an immediate rally across European exchanges. Traders who'd been bracing for escalating trade tensions and geopolitical uncertainty found fresh reasons to buy into the rebound. This kind of policy pivot ripples through global markets, affecting everything from currency pairs to equity valuations, reminding investors how quickly sentiment can flip when headline risks diminish.