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GLOBAL MARKETS-Euro falls on cautious ECB, stocks rise as tariff plan looms [Reuters (UK)]

CIGNA (CI)  More Company Research Source: Reuters
Last cigna earnings: 8/2 06:00 am Check Earnings Report
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PDF Euro falls on cautious ECB, global stocks rise as tariff plan looms | Reuters 3 Min Read NEW YORK (Reuters) - The euro dropped on Thursday as the European Central Bank signaled caution on inflation and protectionism, while world stock markets edged higher as U.S. President Donald Trump vowed flexibility with his plan to impose steep import tariffs. While the ECB took a small step toward weaning the euro zone economy off protracted stimulus by dropping its easing bias, ECB President Mario Draghi said monetary policy would remain “reactive” and that underlying inflation was subdued. The euro was down 0.68 percent to $1.2328, while the dollar index rose 0.44 percent. MSCI’s gauge of key world stock markets gained 0.27 percent, while the pan-European FTSEurofirst 300 index rose 1.03 percent. “They toned down the easing bias but there is still a willingness to ease and the tone of Draghi’s comments was still dovish, stressing that there is still not a convincing uptrend in inflation,” said [Read more]

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