LONDON—Europe’s markets were treading water in early trading on Thursday, as investors waited on a knife-edge decision from the European Central Bank on whether to ratchet up eurozone interest rates for a 10th straight meeting.
Stock markets saw carmakers go into reverse after Beijing blasted Brussels’ move on Wednesday to investigate electric vehicle subsidies, but for both euro and bond traders it was very much a case of wait-and-see for the ECB.
