Stock indices after the weaker-than-expected inflation data from China. The consumer price index in China increased 2.3% in June, missing expectations for a 2.4% rise, after a 2.5% gain in May.

Chinese producer price index fell 1.1% in June, in line with expectations, after a 1.4% drop in May.

These figures show that there is still weakness in the Chinese economy.

Market participants are awaiting the release of the last Fed's monetary policy meeting today. They will be looking for any signs of the recovery of the world's largest economy. There are speculations that stronger employment data may lead to interest rate hike by the Fed.

Current figures:

Name Price Change Change %

FTSE 100 6,703.57 -34.88 -0.52%

DAX 9,770.04 -2.63 -0.03%

CAC 40 4,334.66 -7.87 -0.18%