The euro area's economic recovery appears to have been maintained in November. A report from the European Commission on Thursday showed that its economic sentiment indicator rose to 98.5 this month from 97.7 in October.
However, the recovery in the euro area did not prevent German unemployment from rising in November for the fourth consecutive month.
Friday brought some positive economic data on Japan.
The economy moved out of deflation in October as consumer prices excluding food and energy rose 0.3 percent from the previous year, the fastest pace in 15 years. Consumer prices excluding fresh food rose 0.9 percent in October, the fastest pace in five years.
Japan's unemployment rate was unchanged at 4.0 percent last month while household spending rose 0.9 per cent from the previous year.
Also, factory output rose 0.5 percent in October and the Markit/JMMA Japan manufacturing PMI rose to 55.1 in November, the highest level since July 2006, from 54.2 in October.
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