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Draghi and ‘de DAX'

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Draghi: Overnight saw ECB President Mario Draghi speaking on monetary policy before the European Parliament’s Economic and Monetary Committee in Brussels. Going by Mr Draghi’s high personal entertainment standards, last night’s speech was rather uneventful in both shenanigans and market moving material. Draghi outlined the standard risks to Europe’s inflation and growth outlook having increased due to the emerging market slowdown but qualified the statement by stating that the central bank

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