European stock markets are expected to open mixed amid rising concerns over Greenland

European stock markets are expected to open unevenly on Wednesday, with sentiment weighed down by regional uncertainty after U.S. President Donald Trump floated the idea of annexing Greenland.

The UK’s FTSE index is expected to open 0.2% lower, Germany’s DAX up 0.26%, France’s CAC 40 up 0.24%, and Italy’s FTSE MIB is expected to open flat, according to IG data.

Following the US arrest and detention of Venezuelan leader Nicolas Maduro, global market attention is rapidly turning to President Trump’s intentions when it comes to Denmark’s autonomous territory of Greenland.

White House press secretary Caroline Leavitt told CNBC on Tuesday that the president and his team are considering “various options” to acquire Greenland—including “using the US military.”

Trump has insisted that the US needs the Arctic island for national security purposes, and this week he drew attention to Russian and Chinese activities in the region.

Both Greenland and Denmark have repeatedly said the country is not ready for annexation, and European leaders issued a statement on Tuesday saying, “Greenland belongs to its people. Denmark and Greenland, and they alone, are to decide on matters concerning Denmark and Greenland.”

Data released on Wednesday included flash eurozone inflation data for December, which economists polled by Reuters expect to be in line with the European Central Bank’s target of 2%.

Jaguar Land Rover published its worldwide sales data on Wednesday.