As London/European traders head for the exits, the major European equity indices are closing mostly lower. Headline CPI rose 0.1% month over month, matching expectations and rebounding from the -0.4% decline in June. On a year-over-year basis, CPI eased to 3.4% from 3.5%, also matching expectations. Core CPI rose 0.2% month over month, in line with expectations and up from 0.0% in June. Crude oil prices are trading at $83.18 near unchanged on the dayOverall, European equities are ending the day modestly lower, while the early U.S. tone is more constructive.