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European stocks were trading higher as investors focused on new economic data and corporate earnings. The pan-European STOXX 600 increased by 0.6 percent.
European shares are on track for a one-month high with miners surging and Royal Philips NV announced higher earnings. A gauge of commodity producers recorded the largest raise of the 19 industry groups on the Stoxx Europe 600 Index with prices of metals increasing. Philips advanced 4.6 percent following a report of a 14 percent gain in third-quarter profit due to improved performances at its personal health and diagnosis and treatment businesses. Spain's benchmark IBEX 35 climbed 1.2 percent. EasyJet Plc was up 2.9 percent, Aixtron SE was down 6.2 percent and Syngenta AG declined 8.3 percent.
The Bank of England will deliver its newest Asset Purchase Facility Quarterly Report on Monday. Investors are focused on the flash manufacturing and services PMIs for the euro zone.
