European shares closed mixed on Thursday, after European Central Bank
President Mario Draghi hinted as to the possibility of further
aggressive stimulus measures and hit back at claims of dissent at the
Bank.
The French CAC index closed provisionally 0.5 percent higher, while
the German DAX was up 0.7 at market close. However, the Italian FTSE MIB
ended the session around 0.8 percent lower and the Spain’s IBEX closed
down around 0.2 percent.
“It is fairly normal to disagree about things,” Draghi said at his
regular press conference on Thursday, after the bank decided to keep
interest rates at their record lows. The president had been the subject
of speculation that members of the ECB Governing Council were planning
to challenge him over his management and communication style.
Thursday, November 06, 2014
European Equities Closed Mixed after Draghi Speech
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