France and Germany, the biggest economy in the Eurozone, reported final data on Services PMI for January. France's PMI came in at 49.3, below estimates of 49.5 declining 0.2 point from the previous period. German Services PMI rose more-than expected from 52.7 to 54.0 in January. In December the index came in at 52.7.

Eurozone's Service PMI was above estimates with a reading of 52.7 compared to forecasts of 52.3 and a previous reading of 52.3.