At 3:30 am ET Thursday, IHS Markit will release the German flash manufacturing and services PMI figures for December. The composite PMI is forecast to drop marginally to 57.2 in December from 57.3 in November.

Ahead of the data, the euro rose against its major rivals.

The euro was worth 0.8803 against the pound, 1.1655 against the franc, 1.1824 against the greenback and 133.31 against the yen as of 3:25 am ET.

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