The London Stock Exchange Group offices in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville/File PhotoSINGAPORE, May 4 - 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 hitAnother rout in regional U.S.
"I am not in the camp of expecting a shock 50 basis point hike, but it's tough to see anything but a continuation of the hawkish tone," he said, pointing to the run of relatively robust data and low unemployment in key countries like Germany.
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