Euro-zone services PMI data confounds views

Euro zone's final services purchasing-managers' index (PMI) for December was 53.7, which was up on the 53.1 anticipated by the market, and ahead of the 53.1 seen in November.

Germany's final services PMI trumped forecasts for 53.8 when it printed at 55.2 for December, from 53.8 in November. France's final services PMI came in at 52.9, which was ahead of the expected and previous 52.6.

Spain's services PMI printed at 55.0 for December, which was up on the 54.8 expected and versus 55.1 in November. Italy's came in at 52.6, which was below views for 52.7 and from 53.3 previously.