GLOBAL MARKETS-European stocks edge up, euro dips on ECB rate pause expectations

European shares edged higher and the euro fell to its lowest since mid-June on Friday on expectations that the European Central Bank could pause its tightening cycle next month. ECB policymakers are increasingly concerned about deteriorating growth prospects and momentum for a pause in its rate hikes is building, Reuters reported, citing sources with direct knowledge of the discussion. Markets are split almost evenly on whether the ECB will hike at its meeting next month, compared with around a 60% chance of a September hike before weak activity data was published earlier this week.