The euro-zone released its business climate indicator for December coming in at 1.31 higher than the prior revised 0.91 and the expected readings of 1.00.

Consumer confidence for December dropped beyond expectations, reaching -11.0 from the previous -9.4 and the expected -10.2, while economic confidence improved to 106.2 from 105.1 surpassing the expected reading of 105.8.Industrial confidence inclined to 4.0 from the previous revised 0.7 and the forecasted 2.0, while services confidence dropped slightly to 9.8 from the previous revised 10.3 and the expected 10.1.