The DAX continues to rally after Germany's Unemployment Rate seasonable adjusted beat forecast by 0.1% reading 6.6% for November. The number of people unemployed decreased by 14.000. Analysts predicted a decrease by 1.000. Gfk's Consumer Confidence Survey beats forecast by 0.1 reading 8.7. Markets await data on German CPI later in the session at 13:00 GMT. Investors also anticipate ECB president Mario Draghi's speech in Helsinki.

The FTSE 100 index is currently trading slightly higher +0.02% at 6,730.52 points, France's CAC 40 is not quoted due to technical issues and Germany's DAX 30 booked the biggest gains trading +0.42% at 9,957.45 points.