U.S. President Donald Trump delivered remarks Thursday in a video appearance at the World Economic Forum’s annual gathering in Davos, Switzerland.

In an address to the World Economic Forum in Switzerland, delivered via video link Thursday, President Donald Trump revisited his displeasure with the policy direction of the U.S. Federal Reserve that surfaced during his first term in spite of having appointed the leader of the monetary body.

European markets are expected to be in positive territory on Friday, setting the region’s stocks up for a weekly rise.

Read about the market's reaction to President Donald Trump's speech in Davos, Switzerland where he called for lower rates and cheaper oil, as well as how corporate earnings were received and other developments on Thursday.

President Donald Trump today said he wants the Federal Reserve to cut interest rates at a time the central bank has hit pause for an uncertain duration, arguing he understands monetary policy better than those charged with setting it.

President Donald Trump said Thursday he will “demand that interest rates drop immediately,” but did not mention the Federal Reserve by name. Trump told the World Economic Forum in Davos, Switzerland via a video link, “And likewise they should be dropping all over the world. Interest rates should follow us all over.”

President Donald Trump on Thursday said he will call for a lowering of U.S. interest rates, exerting pressure on the Federal Reserve despite a longstanding norm of political independence at the central bank.

Treasury note rallied modestly on Thursday, sending its yield lower for the first time in four sessions, after President Donald Trump displayed a willingness to pressure Federal Reserve officials into cutting interest rates.

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Donald Trump hinted at a coming clash with Federal Reserve Chair Jerome Powell and other central bankers as he spoke virtually before the World Economic Forum, saying he would 'demand' lower interest rates.

Oil prices fell after Trump's comments, while the 10-year US Treasury yield rose, signaling that Trump may have less influence on interest rates.