The Pound Sterling (GBP) remains firm, though analysts view the move as a short squeeze rather than a fundamental reassessment of UK risk. While GBP/USD may rise into year-end, BoE easing should keep EUR/GBP supported around 0.88, ING's FX analyst Chris Turner notes.

Greece Gross Domestic Product s.a (YoY): 2% (3Q) vs 1.7%

Eurozone Gross Domestic Product s.a. (YoY) meets forecasts (1.4%) in 3Q

Eurozone Gross Domestic Product s.a. (QoQ) above expectations (0.2%) in 3Q: Actual (0.3%)

Italy Retail Sales n.s.a (YoY): 1.3% (October) vs 0.5%

Italy Retail Sales s.a. (MoM) above expectations (0.4%) in October: Actual (0.5%)

Switzerland Foreign Currency Reserves rose from previous 725B to 727B in November

Austria Wholesale Prices n.s.a (MoM): 0.9% (November) vs -0.3%

Austria Wholesale Prices n.s.a (YoY): 0.9% (November) vs 0.2%

Spain Industrial Output Cal Adjusted (YoY) down to 1.2% in October from previous 1.7%

Austria Trade Balance: €-230.8M (September) vs €-1895.6M

Japan chief Cabinet secretary, Minoru Kihara said during the European trading session on Friday that the government will take appropriate steps to support the Japanese Yen (JPY) against excessive and disorderly moves in the FX market.

France Industrial Output (MoM) registered at 0.2% above expectations (-0.3%) in October

France Trade Balance EUR increased to €-3.92B in October from previous €-6.58B

France Current Account climbed from previous €-1.6B to €1.1B in October

France Imports, EUR down to €55.7B in October from previous €58.5B

France Exports, EUR dipped from previous €51.92B to €51.7B in October

France Trade Balance EUR increased to €-3.9B in October from previous €-6.58B

Germany Factory Orders n.s.a. (YoY) up to -0.7% in October from previous -4.3%

Germany Factory Orders n.s.a. (YoY) up to 1.5% in October from previous -4.3%

United Kingdom Halifax House Prices (MoM) below forecasts (0.4%) in November: Actual (0%)

Germany Factory Orders s.a. (MoM) registered at 1.5% above expectations (0.5%) in October

South Africa Net $Gold & Forex Reserve: $70.024B (November) vs $69.364B

South Africa Gross $Gold & Forex Reserve rose from previous $71.55B to $72.07B in November

Japan Leading Economic Index increased to 110 in October from previous 108.6

Japan Coincident Index rose from previous 114.6 to 115.4 in October

Singapore Retail Sales (YoY): 4.5% (October) vs 2.8%

Singapore Retail Sales (MoM) increased to 2.3% in October from previous -1.4%

India Reverse Repo Rate unchanged at 3.35%

India RBI Interest Rate Decision (Repo Rate) meets expectations (5.25%)