The euro zone released the business climate indicator for December, where the index improved to -0.31 from the revised previous of -0.42 from -0.44, better than the expected -0.48 drop. In addition, the consumer confidence index advanced slightly to -21.1 from the previous and the expected -21.2.

However, the economic confidence index for December retreated to 93.3 from the revised prior of 93.8 from 93.7, in line with expectations.

Furthermore, the industrial confidence improved to -7.1 from the revised previous of -7.1 from -7.3, better than the expected -7.5 drop. The services confidence index worsened to -2.1 from the revised previous drop of -1.6 from -1.7, yet in line with expectations.