European shares rise after Fed fuels rate cut hopes; ECB minutes awaited

(Reuters) - European shares were set to snap four days of losses on Thursday, after U.S. Federal Reserve Chair Jerome Powell's dovish comments cemented hopes of an interest rate cut this month, even as trade frictions between France and the United States rose.While strong U.S. jobs data last week led investors to trim bets of a 50 basis points rate cut by the Fed in July, Powell's remarks saw interest rate futures pricing in greater odds of an aggressive rate cut this month.The pan-European..