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Investors Kick Off One of the Busiest Weeks of the Quarterly Earnings

Markets edge lower as global equity rally stalls

European stocks are set to open modestly weaker Monday as investors kick off one of the busiest weeks of the quarterly earnings season amid questions over the European Central Bank's next policy move and the ongoing turmoil surrounding the administration of President Donald Trump.

The pound edged past the 1.30 mark against a weaker U.S. dollar in overnight trading while the euro stuck to its highest levels in two years as it changed hands at 1.1670 in the wake of European Central Bank President Mario Draghi's rate-setting press conference last week.

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