Now to Germany. Fresh data shows that investing sentiment in Eurozone's largest economy declined slightly in January but still beat expectations.

The ZEW Research Institute's monthly survey showed that its economic sentiment index slipped from 20.4 in December, to 17.8 in January, topping market expectations of 16.5. Meanwhile, a separate gauge measuring investor's assessment of the economy's current conditions, fell from 95.2 in January to 92.3 in February. The number slipped more than forecasts of 93.9 but was still the second-highest reading on record.