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Stock indices closed lower on comments by central bankers. Comments by the European Central Bank President Mario Draghi and the Bank of England Governor Mark Carney weighed on markets.
The European Central Bank (ECB) President Mario Draghi said in an interview with Lithuanian business daily Verslo Zinios that the ECB bank is ready to use additional unconventional instruments to counter deflationary risks.
The Bank of England (BoE) Governor Mark Carney said today that the point when the BoE starts to hike its interest rates is getting closer. The exact point will depend on economic data, so Carney.
The volume of private loans in the Eurozone fell by 1.5% in August, in line with expectations, after a 1.6% drop in July.
M3 money supply in the Eurozone rose 2% in August, exceeding expectations for a 1.9% increase, after a 1.8% growth in July.
Indexes on the close:
Name Price Change Change %
FTSE 100 6,639.71 -66.56 -0.99%
DAX 9,510.01 -151.96 -1.57%
CAC 40 4,355.28 -58.44 -1.32%
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