European Central Bank still plans to reduce bonds buying program by the end of this year, Bloomberg reports. It also sticks with the plan to raise interest rates later next year. And this is despite of the fact that euro area's economy is weakening under global pressure.

Bank will be buying 15 billion euro of bonds per month through December. Final decision on ending the program will be made based on incoming information. Interest rates will stay at record low level at least until fall of 2019.

Deposit rate is minus 0,4%, main refinancing rate is 0%, marginal lending rate is 0,25%.

Euro grew by 0,2% to $1,1411.

Now investors will focus on economic perspectives, as gauge for private sector growth in euro area slowed to the lowest since 2016. There are a lot of reasons for ECB's leader concern: lower than expected inflation, tension in trade relations between the US and China that already hit Asian economies and export oriented firms of Europe, as well as uncontrolled Brexit. Index Stoxx Europe 600 fell this month by 8%.