PARIS Aug 26 European shares slipped in early
trade on Tuesday, trimming the previous session's sharp gains
that were fuelled by prospects of further stimulus measures from
the European Central Bank.
The UK market, shut on Monday for a holiday, gained ground,
with the FTSE 100 index up 0.5 percent.
The euro zone's blue-chip Euro STOXX 50 index
was down 0.2 percent, at 3,158.64 points, while Germany's DAX
index lost 0.3 percent and France's CAC 40
slipped 0.1 percent.
Speaking on Friday at a global central banking conference in
Jackson Hole, Wyoming, ECB President Mario Draghi said the
central was prepared to respond with all its "available" tools
should inflation drop further.
The comments - which have sent the euro to a one-year
low against the dollar - have been fuelling speculation the ECB
could embark on a large-scale asset-buying scheme known as
quantitative easing, or QE, to pump cash into the financial
system and revive inflation.
(Reporting by Blaise Robinson; editing by Tricia Wright)