(Updates to close)
Sept 9 (Reuters) - Australian shares closed at their lowest since early July, dragged down by financials, after a European Central Bank meeting left markets clueless about its future monetary policy moves. shrugged off data from China, Australia's biggest trading partner, showing a moderation in producer price deflation, adding to growing evidence of a steadying economy. S&P/ASX 200 index .AXJO finished 0.9 percent, or 46.55 points, lower at 5339.2.
The benchmark, which lost 0.7 percent on Thursday and 0.6 percent on the week, closed lower for a second consecutive session.
The "Big Four" banks lost between 1.2 percent and 1.7 percent.
New Zealand's benchmark S&P/NZX 50 index .NZ50 lost 0.9 percent, or 66.13 points, ending at 7468.6.
The benchmark added 0.6 percent on the week.