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- European stocks close: stocks traded little changed in quiet trade
European stocks close: stocks traded little changed in quiet trade
Stock indices traded little changed in quiet trade. Tensions over Ukraine eased. Russian President Vladimir Putin met Ukrainian President Petro Poroshenko in Minsk yesterday. Russian President Vladimir Putin said talks with Ukrainian president were positive. Ukrainian President Petro Poroshenko said that Russia, Belarus and Kazakhstan are backing a Ukrainian peace strategy.
German Finance Minister Wolfgang Schaeuble said comments by European Central Bank (ECB) President Mario Draghi in Jackson Hole were "overinterpreted". Mario Draghi said in Jackson Hole the ECB could add new stimulus measures should inflation decline further.
The Gfk consumer climate index for Germany dropped to 8.6 in August from 9.0 in July, missing expectations for a decline to 8.9. That was the first decline since January 2013.
Indexes on the close:
Name Price Change Change %
FTSE 100 6,830.66 +7.90 +0.12%
DAX 9,569.71 -18.44 -0.19%
CAC 40 4,395.26 +1.85 +0.04%
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