European markets signal lower open on coronavirus fears and Trump's trade threat

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European markets signal lower open on coronavirus fears and Trump's trade threat
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European markets are expected to open lower Thursday amid increasing concerns over the spread of the coronavirus and worries over President Donald Trump's trade dispute with the EU.

, where the outbreak is believed to have started.

The outbreak comes ahead of the Lunar New Year period which is set to kick off on Saturday, with hundreds of millions of Chinese citizens expected to travel domestically or abroad during the period.On Wednesday, President Trump sent a shiver through the European markets when he said the EU has "no choice" but to negotiate a new trade deal with the U.S. and if not,Back in the U.S., Trump's impeachment trial is playing out.

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