European equity markets were set to open lower on Wednesday, extending losses to a fourth straight session as US President Donald Trump’s escalating rhetoric over Greenland and ongoing turmoil in global bond markets weighed on investor sentiment. Trump has threatened European nations with tariffs in a bid to secure control of Greenland, intensifying tensions ahead of his appearance at the World Economic Forum in Davos later today. The European Parliament is reportedly considering suspending approval of the EU-US trade deal agreed last July, while EU leaders are due to hold an emergency meeting in Brussels on Thursday. Investors will also digest the latest UK inflation data, with no major corporate earnings releases scheduled in Europe. In premarket trading, Euro Stoxx 50 and Stoxx 600 futures were both down about 0.1%.

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