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This reaffirms the developments from yesterday, as it seems like the bloc has managed to settle the internal strife from last week - at least for now. Oil is up slightly by 0.2% on the day to $78.04 currently.

                This article was written by Justin Low at www.forexlive.com.

Further decline in USD/CNH now faces a solid support around 7.1100, comment Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group.

Eurozone Core Harmonized Index of Consumer Prices (MoM): -0.6% (November) vs previous 0.2%

Eurozone Harmonized Index of Consumer Prices (MoM) declined to -0.5% in November from previous 0.1%

The Eurozone Harmonised Index of Consumer Prices (HICP) increased 2.4% on an annual basis in November, down from October's 2.9% rise, the official data published by Eurostat showed on Thursday.

Greece Unemployment Rate (MoM): 9.6% (October) vs previous 10%

Greece Retail Sales (YoY): -3.3% (September) vs -3.6%

Eurozone Unemployment Rate meets forecasts (6.5%) in October

Belgium Gross Domestic Product (QoQ) below expectations (0.5%) in 3Q: Actual (0.4%)

Italy Consumer Price Index (EU Norm) (YoY) came in at 0.7% below forecasts (1.4%) in November