Germany released the IFO survey for December, where the business climate indicator improved to 107.2 from the previous of 106.6, better than expectations of 106.0. In addition, the current assessment indicator lingered at 116.7, better than expectations of 116.0

Finally, the IFO expectations survey showed that the confidence improved to 98.4 from the prior of 97.3, also better than expectations of 97.0.