The euro zone business climate indicator rose to -1.56 from revised prior -1.79 from -1.78 which is higher than the forecasted -1.65. Consumer confidence for November improved to -17 which is better than the prior -18 inline with expectations, while economic confidence rose to 88.8 from revised 86.1 from 86.2, higher than the expected reading of 88.0.

Also released was industrial confidence for November at -19 better than October's -21 and unchanged from the projected reading. In other news, services confidence improved to -4 from -7 which is higher than the predicted -6.