Eurozone (EA19) business climate improved to 1.09 in November, up from 1.01 and beat expectation of 0.96.
Eurozone economic confidence dropped to 109.5, down from 109.7 but beat expectation of 109.0. Industrial confidence rose to 3.4, up from 3.0 and beat expectation of 2.3. Services confidence was unchanged at 13.3, above expectation of 13.0. Consumer confidence was finalized at -3.9.
Also release in European session, German unemployment dropped -16k in November. Unemployment rate dropped 0.1% to 5.0% in October. French GDP rose 0.4% qoq in Q3, unrevised. UK mortgage approvals rose 1k to 67k in October. UK M4 money supply rose 0.7% mom in October.
