Investors in riskoff mood, shed stocks again
Inflation data, earnings reports awaited

July 12 Reuters World stocks traded mixed while oil prices and bond yields dipped on Tuesday as traders fretted over prospects of further central bank tightening and worries about the health of economies worldwide.

The dollar39;s role as the safehaven currency for investors concerned about the economic outlook has been burnished in recent weeks, with the U.S. currency roaring to twodecade highs against multiple currencies, while the euro sank to within a whisker of parity with the dollar.

The panEuropean STOXX 600 index rose 0.49 and MSCI39;s gauge of stocks across the globe shed 0.22.

The euro has been particularly vulnerable given the impact of an ongoing spike in natural gas prices on the regional economy and the war in neighboring Ukraine, and with the European Central Bank behind rivals in raising interest rates.

The dollar index fell 0.148, with the euro up 0.12 to 1.0051, and the yen was not far off its weakest level in more than two decades .

Analysts are tempering their profit estimates as the earnings season starts in earnest this week, with reports from JPMorgan Chase Co, Citigroup Inc and Wells Fargo Co among others.

German investor sentiment tumbled in July, according to a widely watched index published on Tuesday. 

Economic data, including U.S. consumer inflation on Wednesday, and comments from Federal Reserve officials will be in focus later this week as…