The DAX declined 0.94%, while the CAC-40 tumbled 1.3%. In economic news, the European Central Bank's (ECB) Survey of Professional Forecasters for Q4 estimates that annual Harmonised Index of Consumer Prices (HICP) inflation will average 1.7% for each of 2018, 2019 and 2020. In equities, mining company Rangold Resources was a big gainer in the FTSE, rising 3.5%, along with gambling giant Paddy Power Betfair, which closed up 2.3%.