India, June 29 -- The major European markets closed marginally down on Monday as uncertainty about U.S. and Iran entering a lasting truce, and concerns about inflation and possible interest rate hikes by central banks rendered the mood cautious.
The focus was also on the Sintra Forum, an annual ECB event that focuses on central banking. The Sintra Forum, being held from today through Wednesday (June 29-July 1), brings together central bank governors, academics, financial market representatives, journalists and others to exchange views on current policy issues and discuss the Forum's key topic from a longer-term perspective.
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