The September results of European stock indices were the lowest since the beginning of the year. Over the past month the DAX (Germany) (UK) lost 3.63%, FTSE 100 (UK) - 0.47%, CAC 40 (France) - 0,2%. Yesterday they also closed the day falling by 0.68%, 0.31 and 0.62%, respectively. The negative dynamic in September was firstly due to Uncertainty over what course the European European Central Bank and the U.S. Federal Reserve, as well as the ambiguous outlook for the of the global economy. After the meetings of both regulators it became After the meetings of both regulators, it became clear that both of them were aiming at an imminent phase-out of their asset-purchase programs. This prompted market players to act more cautiously. cautious. The current economic situation in Europe, according to the latest statistics, allows the European Central Bank to begin cutting stimulus. In In the second trimester, GDP in the euro area showed growth of 14.3% y/y and 2.2% vs. in the second trimester of the euro zone GDP showed growth of 14 3% y/y and 2.2% y/y against the first quarter. At the same time, inflation in the region continues to rise - at the end of August, it rose to 3%, which was the highest in the last 20 years. The inflation rate continues to rise in the region, rising to 3% in August, the highest in the last 20 years.