News Snapshot:
Europe’s stock markets and the euro sagged on Thursday as investors waited for another European Central Bank rate rise after the U.S. Federal Reserve signalled that its marathon hiking run might finally have hit pause. Another rout in regional U.S. bank shares overnight was hardly helping spirits, but with gold a whisker away from a record high and oil higher after a tough few days, focus was naturally on Frankfurt. Economists polled by Reuters expect the ECB to raise its borrowing rates for a seventh meeting in a row albeit the consensus is for a smaller quarter-point move rather than...
