The euro zone released the purchasing managers' index for manufacturing and services for October in an advanced reading, where the PMI manufacturing contracted further to 47.3 from 48.5, worse than the expected 48.0.

Moreover, the PMI services also dropped further to 47.2 from 48.8, also below expectations of 48.5. In addition, the PMI composite slipped to 47.2 from 49.1, below the expected estimate of 48.5.